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Judges must avoid ‘hair trigger’ ruling in Carey appeal, QC says
By Michael Klimes 4
th March 2021 1:26 pm
There is no evidence a Sipp provider is responsible for the investment losses their former client suffered.
The argument was made by QC Andrew Green in the third day of a significant Court of Appeal hearing.
He said the case will have wide applicability and the judges should avoid coming to a “hair trigger” ruling.
The hearing concerns the exact duties Sipp providers have to vet unregulated investments arising from introducers.
Back in September the Court of Appeal granted Russell Adams permission to challenge a landmark Sipp ruling against Options UK Personal Pensions LLP.