What are you looking for?

6 June 2019 | Comment | Article by Neil Stockdale

BBC reveals Dolphin Trust months late on payments to investors

The proposition was sold to investors, who were often cold called, on the premise that healthy returns could be generated on the capital growth enjoyed on the refurbished buildings.

However, the BBC has revealed that the company, which borrowed £600m in total, is months late paying back the loans.

Indeed, it is reported that whilst the company has purchased a number of properties, only two have been worked on in the last five years.

The investment itself is not regulated by the Financial Conduct Authority, however, if you were advised to invest in Dolphin Trust by an independent financial adviser or if you invested via a self-invested personal pension (SIPP), you could still be entitled to compensation.

We already represent a number of Dolphin Trust investors and can help you too.

Contact Hugh James’s Financial Mis-Selling team today.

Author bio

Neil is head of the firm’s group actions and financial mis-selling teams, specialising in handling claims for financial mis-selling relating to energy contracts, pensions, investments and timeshares.

Disclaimer: The information on the Hugh James website is for general information only and reflects the position at the date of publication. It does not constitute legal advice and should not be treated as such. If you would like to ensure the commentary reflects current legislation, case law or best practice, please contact the blog author.

Contact one of our experts

Fill in the form and one of our experts will get in touch with you shortly.