GPC SIPP Ltd
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GPC SIPP Enter Into Administration - June 2019
GPC SIPP Ltd entered into administration on 11 June 2019. This could potentially lead to their customers suffering financial losses on pension investments made through the company.
While GPC SIPP Ltd have not yet ceased trading, it may be possible for clients and customers who have lost money through dealings with this company to seek compensation using claims procedures established by the Financial Services Compensation Scheme (FSCS).
It is possible that GPC SIPP, in some instances, failed to comply with their regulatory duties to exercise appropriate levels of due diligence on the investments that were made through the pension products they provided.
Due to the fact that SIPPs provided by GPC SIPP Ltd were often used to invest into high risk, unregulated funds and asset classes, there may be strong grounds for their clients to argue that there has been a failure to exercise this due diligence. It follows that those affected may be able to recover compensation for losses sustained through dealings with GPC SIPP Ltd as a result.
The FSCS commented;
“FSCS is working closely with the firm’s administrators and is investigating the practices of GPC, specifically to establish what levels of due diligence were carried out by the firm, prior to permitting customers to make specific investments under their pensions.”
We are currently acting for clients who have suffered losses on pension investments with GPC SIPP Ltd. If you are similarly affected then we would like to hear from you as we may be able to assist you in bringing a No win, No fee claim to recover your losses. Please call us on 0208 870 7849 for further advice, or fill in the form and one of our Solicitors will call you back at a convenient time.
This company does not give up, very professional, always kept me informed, gave me options, listened to all my concerns.....I would highly recommend this company.
Mr Singh
NO WIN, NO FEE
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Mis-selling or mis-management by a SIPP Operator?
Have you suffered financial losses on a SIPP operated by a SIPP operator? If so, then you may have grounds for bringing a No Win No Fee claim.
Some SIPP operators have entered into dealings with third party advisers who are not authorised and regulated by the Financial Conduct Authority to give pension or investment advice. This is despite their regulatory body publishing alerts and giving warnings against such actions.
View MoreMis-sold or mis-managed investment or pension?
- You were sold an investment without having been properly advised of the risks
- Your personal circumstances or attitude to risk wasn’t properly considered
- You were sold a SIPP or poor returning annuity
- You were advised to invest all or most of your savings into a single investment
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One of the UK’s leading specialists in financial mis-selling...
The Times
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Thank you for the efficient and professional way in which you handled this matter. Mr and Mrs Lonsdale
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Very satisfied with all solicitors involved in my case, can't fault them at all. Mrs Munro
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Many thanks for the work in settling my claim. I will recommend you. Mr Jobber
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Many thanks for all your good work. Mr Wilson
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Thank you so much for your professional help, I am very pleased with the outcome. Mr Swaby
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I was impressed how quickly my claim was dealt with especially when I heard many claims take 2-3 years. Mr Gwyther
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We were indeed happy with the service we received from your company, finding it speedy, efficient and professional. Mr and Mrs Ervin
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I received a top class service and an excellent payout. Many thanks. Mr Jackson
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I've recommended you to many people. Mrs Davies
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You have made making a claim so easy and stress free. I am delighted with my pay out! Mr Smith
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We would like to take this opportunity to thank you for achieving a good settlement. Your attention to detail and regular phone calls to keep us informed of all developments was of great help and was really appreciated. Mr and Mrs Goddard
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I never imagined that I would receive so much compensation and I have no hesitation in recommending you to friends and family for professional advice. Mr Bennett
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We are writing to say how happy we are with the way your company dealt with our claim. We found your website while searching online and we have found your company to be very approachable and helpful throughout. Mr and Mrs Deramchia
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This company does not give up, very professional, always kept me informed, gave me options, listened to all my concerns.....I would highly recommend this company. Mr Singh
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I have been very impressed with the courtesy I have received, telephone calls have been made in a professional way and I am in awe at the manner that all documents have been produced. I was given your advertisement by a friend from one of the national newspapers and I am so grateful that he did. Mrs Holland
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Your professionalism and information relayed to myself was of a first-class service. Mr Bourne
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We would like to thank you, we would be pleased to recommend your company to friends and family. Mr and Mrs Evans
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Thank you very much for all your help and the very good service received - swiftness, honesty and efficiency. Mr Rogerson