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FCA wins long battle against Avacade introducers
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Christine Hallett on being caught in the Sipp storm
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The cautionary tale of Carey Pensions
As Carey seeks another court appeal, the never-ending Sipp drama is becoming more painful than Brexit. When will it stop?
By Michael Klimes 15
Image credit: Shutterstock
There is no immediate resemblance between Brexit and an obscure court case involving a Sipp provider.
One is a national psychodrama that will define the direction of the country for generations. The other is a niche legal dispute that attracts the interest of oddball pension journalists: the Carey Pensions court case.
But take a closer look and unusual parallels start to emerge.
Initially, both are not given much attention, yet they snowball to become the main fixture in the news cycle. This draws passionate comment from individuals not directly involved in the matters at stake. The buzzword, whether it is Brexit or Carey, is a proxy for deep-seated grievances.
Profit before other items is defined as revenue less operating expenses i.e. profit before taxation, finance income and costs, depreciation, amortisation, bargain purchase gain and gain on the call options Underlying statistics are net of certain transactions which do not form part of the regular operations of the business as further detailed in Table 2 below
· Stability of recurring revenue apparent through the Covid-19 virus · Focussed on keeping colleagues safe through working from home and following Governments guidelines and maintaining customers service levels · The majority of our key IT projects for improved profitability are now live with the remaining concluding in the first half of 2021. Continued focus on technology to become a key differentiator.
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