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Excellent service thank you
Once again I have received excellent service from Oakwood Solicitors in dealing with my mis-sold pension claim. Without the help of Junaid Sohail I would of not been able to recover £50,000. Excellent work thank you once again.
- P Jones
I was so pleased
to say that I had the best experience from Oakwood Solicitors where they helped me get my big compensation from FSCS. Not only that, just within 4 days time of literally submitting the claim, I received amount in my account.
- N Shah
Well done, “Financial Litigation Department – Junaid” Never thought i would see a penny. Oakwood proved me wrong. Easy to talk to. Professional service, always updating throughout the process. No hesitations in recommending your services. Thank you.
- A Patel
and left no stone unturned throughout a lengthy and difficult process. Oakwood Solicitors were professional, polite and informative as well as supportive throughout. We are delighted with the outcome.
- A Binns
Pension stolen from SIPP
After trying to fight this case myself for years, I put my trust into Oakwood Solicitors, who kept me informed every step of the way and managed to get me compensation for the pension which was stolen. They managed to get back almost all what I lost. Special thank you to Daniel.
- Paul Connor-West
invested by UK investors in GPG/Dolphin Capital.
recovered by Oakwood Solicitors in last 12 months.
Up to £85,000
can be recovered from the FSCS.
Oakwood Solicitors Ltd specialises in Financial mis-selling claims. We have a Financial Litigation team dedicated to assisting clients who have lost money as a consequence of negligent advice in relation to a financial product, such as an investment or pension.
What went wrong with GPG/Dolphin Capital?
The German Property Group (GPG) – formerly Dolphin Trust and Dolphin Capital GmbH – was an unregulated property investment scheme, specialising in the purchase of listed German buildings and refurbishing them into luxury apartments.
It promised highly lucrative returns on investments. Typically, it offered loan notes providing fixed returns of between 10% and 15% up to a term of 5 years. However, Oakwood Solicitors have also come across investors who were promised returns of 50% on their investment.
Early investors were repaid promptly encouraging them to re-invest.
In recent years, speculation that GPG were in financial difficulty started to circulate. This started when GPG failed to make loan note payments to its investors on time, and those investors who were reaching the end of their fixed term were unable to withdraw their money.
In 2019 a BBC investigation revealed that The German Property Group which borrowed an estimated £600m from UK investors, mostly from the life savings of hard working people were months late in paying some of them back.
On the 8th October 2020, in the most recent blow to investors, the FCA, Financial Ombudsman and the FSCS issued a joint statement about GPG Companies (formerly known as Dolphin Capital / Dolphin Trust) confirming that they have entered preliminary bankruptcy proceedings in Germany.
The FCA has warned that any UK money invested in these schemes are now at risk, and is calling on investors to take action as soon as possible to recover as much of their money as possible.
What are my options?
If you had an investment with German Property Group, then the likelihood is that you will have lost money and could be entitled to compensation.
The first step should be to contact a specialist firm like Oakwood Solicitors who will investigate your pension free of charge and advise you if you have a claim. If you have a claim then Oakwood Solicitors will handle the whole claims process for you and will offer advice, support, and guidance every step of the way.
Oakwood Solicitors will act on your behalf on a ‘no-win, no-fee’ basis, giving you complete peace of mind that you will only pay a fee if your claim is successful.
If after investigating your pension we confirm that there is no loss, then you will have the reassurance that your pension is safe and secure and will have obtained this reassurance completely free of charge.
If you prefer, you can raise an initial complaint with the IFA or SIPP provider yourself but many people prefer to instruct a specialist firm with experience of handling SIPP complaints to ensure they achieve the best possible outcome in the shortest timeframe.
If the adviser who sold you the investment is no longer trading or does not have the financial means to pay you compensation then the Financial Services Compensation Scheme (‘FSCS’) assumes responsibility for the adviser and will be responsible for the payment of compensation.
Why use a solicitor?
Pensions are complex. To be able to identify a problem with your pension, first of all you have to know what you are looking for. Once you have identified the issue, you then need to be able to articulate the problem with reference to any legal or regulatory frameworks.
By using a solicitor who is a specialist in pension mis-selling you will ensure that you put your best case forward and maximise your chance of success.
We have seen numerous cases in the past where mis-selling victims have pursued a legitimate claim themselves, only to have it turned down due to a technicality or because key grounds have not been particularised.
You have a higher chance of success by working with a Solicitor, who will ensure that there are no technical grounds for turning down your claim and put you in the best possible position to receive what you are owed.
Why use Oakwood Solicitors?
We are a Regulated firm of Solicitors with over 15 years’ experience in financial mis-selling claims.
We have successfully recovered in excess of £1.6 Million in the last 12 months.
We operate on a guaranteed No-Win, No-Fee basis. If successful we charge 30% plus VAT of the award of compensation.
Our charges are some of the lowest in the market when compared with other Solicitors and Claims Management Companies (CMC’s).
We take the hassle out of the claims process as we do all the hard work for you. We will complete all the necessary paperwork and obtain all the required documentation to support your claim.
You will be allocated your own experienced pension claims handler who will keep you fully informed throughout the whole process.
How much compensation will I receive?
We cannot provide an exact figure for how much compensation you will receive until we understand more about your claim.
The general purpose of a claim is to put you back in the position you would have been in, had you not received the negligent pension advice.
Any claim made to the FSCS will be capped at £85,000.00 per person, per advisor.
How much will a claim cost?
We operate on a Damages Based Agreement (“DBA”) more commonly known as a ‘no-win, no-fee’ agreement. If we fail to secure you a settlement, you will not be charged. If we successfully recover compensation, then our charges are 30% plus VAT of any compensation payment. These charges will be deducted from the compensation payment at the end of the claim process.
How long does a claim take?
As the claim is being made against the FSCS then we would expect the claim to be concluded within 12 months.
As each case is unique it is difficult to provide a generic timeframe for conclusion of the claim however Oakwood Solicitors will give you an indication of how long your claim is likely to take to conclude as part of our initial review.
Provide us with some information about your GPG/Dolphin Capital investment and we will advise you if you have a viable claim. There is absolutely no obligation to proceed. You can provide information or get in touch by:
Danielle joined the firm as a Paralegal in 2011 and qualified as a solicitor in October 2014. She has acquired extensive experience in high value, complex litigation traversing numerous practice areas.
Danielle is a specialist in financial mis-selling matters with a particular interest in pensions and investments.