We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

SIPP mis-selling dissected by Court of Appeal

Compliance Monitor

SIPP mis-selling dissected by Court of Appeal

Recent financial services cases have explored the nature of ‘arranging’ in the context of pension transfer scams, while the Upper Tribunal has questioned the regulator’s approach to non-financial misconduct, reports Adam Samuel.

After the Spring bonanza of court decisions on financial services, calm could be said to have returned. Nevertheless, the Summer has brought us one important ( FCA v Avacade [1]) and one intriguing ( Adams v Options SIPP (No 2) [2]) decision by differently constituted English Courts of Appeal on the continuing nightmare of self-invested personal pension mis-selling. In Jon Frensham, [3] the Upper Tribunal dented the Financial Conduct Authority’s determination to deduce from the morally unacceptable behaviour of individuals their lack of fitness and propriety to work in financial services.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?


Request a trial Find out more