The German Property Group, previously known as the The Dolphin Trust was a pension scheme that invested in unregulated property. Specialising in listed German buildings, it has been estimated that over £600 million in pension savings has been lost to it. The main goal of the investment was to refurbish the buildings as luxury apartments, however investors have not yet seen any of their money returned to them.
A lot of the people who invested in this scheme have lost large sums from their pensions. In turn, this has affected their livelihoods and standards of living. If you have been victimized by The German Property Group, Gowing Law Solicitors can help you claim compensation.
Find out more about the GPG scheme below
Created in 2008 by Charles Smethurst, GPG attracted over £900 million in investments worldwide. These investments came from the investors’ pension funds that were created through private sector investments, SIPPs, SSASs (Small Self-Administered Schemes) and hedge funds. These investors were promised a large return on their investment. For example, if an invested offered a loan note, it could return 10-12% between 2-5 years.
One of the biggest reasons why you may have been mis-sold a SIPP from the German Property Group is due to the lack of return. GPG claimed that there was no risk on their SIPP. This is due to the fact that they had a safety net known as the “First Legal Charge.” It states that if the investor does not receive their money back from the borrower, they have the right to re-claim their investment.
Here are some additional examples about how you may have been mis-sold a Germany Property Group SIPP:
Here at Gowing Law Solicitors, we want to help you get your money back from unregulated SIPPs like the German Property Group. We can provide you advice free of charge on your SIPP scheme compensation. If you choose to work with us, we work on a “no win, no fee” basis. This means that if you do not win your compensation, you will not need to pay a fee for our services. That way, you can always come out on top!
Now, this will depend on the complexity of your case. If you are clearly are the victim of bad financial advice, it may take a few weeks. However, if there are more problems that may affect your case, this could mean it may take months. Please be patient with our experienced SIPP compensation team of lawyers. They are here to help you.
We want to help you receive compensation from The Germany Property Group. This unregulated SIPP scheme has victimised many pension owners, therefore you deserve your money back. Contact Gowing Law Solicitors now to see how our trained lawyer can help you.
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If you want to reclaim your mis-sold pension, Gowing Law Solicitors have a trained set of solicitors in Manchester who are ready to take on your case. You will love working with our team. They listen, take down all of your information and advise you on the best way forward.
Here are some additional reasons why you should work with our top pension reclaim experts:
Our solicitor firm offer a No Win, No Fee agreement on every case we take on. That way you will always have a good outcome.
We have already helped thousands of people claim compensation that they are entitled to.
Our team of dedicated lawyers are here to support you whenever you need them to.
If you need advice then you can talk to us about your case and whether it will be successful. This does not oblige you to work with us. Our specialist staff are always on hand to hear you.
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