We only ever see restructuring processes with failing investments. One may question the intentions of those firms. Are they just trying to buy more time to dispose of any assets and protect themselves or are they trying to resolve the issues at hand?
You Could Recover Your Losses
Don’t believe insolvency would lead to total losses. If you have invested via a SIPP or if a regulated firm has provided advice you may well be able to recover your losses.
Depending on who you have been dealing with, you may recover between £135,000 and £170,000 in tax free compensation.
Moving Your Investment
We are aware that some sales agents have been contacting clients – trying to convince them to move from Dolphin Capital loan notes into buying shares with Vordere or Red Rock. These companies all seem to be linked by directors or shareholders.
The agents are trying to convince existing investors that it’s better to move their investments into another firm rather than losing it all.
Explore All Your Options
Please be aware that whilst you allow the firms to continue trading, you are reducing your chances of recovering any of your losses to nil when moving pensions into SSAS in order to facilitate these new investments.
We strongly recommend that you speak to a non-related IFA before committing any further – or call us to explore your options.