The Financial Conduct Authority has started an enforcement investigation into Lighthouse in relation to historical pension transfers advice, specifically the unsuitable advice to transfer defined benefit (DB) pensions.
Our latest update comes now that some of the SIPP providers are reducing the valuation of the original investment into Dolphin ( previously Dolphin Trust / Dolphin Capital GmbH) to 10% of purchase price.
The Covid pandemic has hit the travel industry hard. Especially if the companies have already been struggling with payments and reservations.
We've come to a new page in the Dolphin Saga. As you no doubt are aware from our previous blog posts and if you are an investor, your personal data has been sold to any company willing to pay for it!
You may be aware from the latest notifications that restructuring has come to a halt as potential buyers of GPG have decided they would only be interested in limited properties.
The time has come. Liberty SIPP which has been fighting claims for many years, has fallen into administration, appointing Leonard Curtis as joint administrators.