The BBC in 2019 estimated that the now insolvent German Property Group (GPG, also known as Dolphin Capital, Dolphin Trust or Red Rock) took £600 million from pension investors and others: see https://www.bbc.co.uk/news/business-48363794
The UK Financial Conduct Authority (FCA) issued a bulletin on 8 October 2020 stating: “If you invested in GPG through a financial adviser and/or a SIPP Operator in the UK and you believe you were mis-sold, you may be eligible for compensation. The FCA is working with those financial advisers they have identified as advising UK customers to invest in the GPG, as well as the SIPP operators they have identified that are holding people’s investments. If you believe you were mis-sold and the firm you dealt with is still trading, you can submit a complaint to them directly. If you’re unhappy with their response, or you do not hear back from them within 8 weeks, we may be able to help.”
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