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  • FIRST POST
    popeyesailor
    SIPP investment in Property
    • #1
    • 12th Apr 13, 6:42 PM
    SIPP investment in Property 12th Apr 13 at 6:42 PM
    Hi,

    I have come across a SIPP investment opportunity that almost sounds to good to be true. This is the reason I am very reluctant to invest any of my underperforming pensions.
    The company is called Dolphin Capital and the investment returns 12% per annum. The investment will be in Germany in listed buldings. The company claims to buy property under the market value and then build appartments (only the facade is listed) and sells the apartments off plan, which has a significant tax benefit for the buyer.
    The compounded return over 5 years if invested 100,000 will pay 176,234, which they claimed to be garanteed. These numbers are much better than any of my pensions have given me over the last 10 years.

    Has any body come across this investment opportunity and if so is this a legitimate investment opportunity. Also if any body can advise how I can check whether this is not a scam.

    Any feedback comments are appreciated.
Page 4
    • dunstonh
    • By dunstonh 4th Aug 14, 8:22 PM
    • 92,201 Posts
    • 59,360 Thanks
    dunstonh
    any one with any positive feedback on Dolphin Capital GmbH
    Originally posted by bobbyshaw
    Not likely to get many responses. It is a niche option unsuitable for most of the retail consumer market.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • pinxos
    One post and disappears, despite stating has no connection. Do I smell a troll?
    Originally posted by Thrugelmir
    I find that comment offensive mainly due to it's ignorance but also it's stupidity. For the record :-
    I have ABSOLUTELY no connection with either Dolphin or SIPP Club other than the fact that I have invested in Dolphin and I have also invested in opportunities advertised on the SIPP Club website.

    I have not posted further comments since my original because I was merely stating facts that may (or may not) have helped someone in making a decision. Virtually all of the preceding comments to the original post were made from a stance of ignorance. i.e. we don't know anything about it but it must be dodgy paying 12% AND it's unregulated.
    I would normally agree with several of the posters comment "if it's too good to be true............." but in this case I had first hand experience and thought that my comments would provide a balanced view.
    Since my original post, My wife and I have received further scheduled payments, as has my pension fund.

    Hope this helps :-)
  • Nosler
    I find that comment offensive mainly due to it's ignorance but also it's stupidity. For the record :-
    I have ABSOLUTELY no connection with either Dolphin or SIPP Club other than the fact that I have invested in Dolphin and I have also invested in opportunities advertised on the SIPP Club website.

    I have not posted further comments since my original because I was merely stating facts that may (or may not) have helped someone in making a decision. Virtually all of the preceding comments to the original post were made from a stance of ignorance. i.e. we don't know anything about it but it must be dodgy paying 12% AND it's unregulated.
    I would normally agree with several of the posters comment "if it's too good to be true............." but in this case I had first hand experience and thought that my comments would provide a balanced view.
    Since my original post, My wife and I have received further scheduled payments, as has my pension fund.

    Hope this helps :-)
    Originally posted by pinxos


    You only getting 12% a year?


    Why don't you give me your money and i'll give you 15% a year. You then tell all your mates about your brilliant investment, they then invest with me then I go bankrupt after a couple of years?


    How much you got to invest? I could do with a new car....
    • Thrugelmir
    • By Thrugelmir 25th Nov 14, 9:58 PM
    • 58,205 Posts
    • 51,577 Thanks
    Thrugelmir
    I find that comment offensive mainly due to it's ignorance but also it's stupidity.
    Originally posted by pinxos
    Why has it taken you over 7 months to respond then? Nor have you made any other posts in the intervening period. Sorry but my suspicions are aroused when people get unnecessarily aggressive and petty.
    Financial disasters happen when the last person who can remember what went wrong last time has left the building.
    • dunstonh
    • By dunstonh 25th Nov 14, 10:39 PM
    • 92,201 Posts
    • 59,360 Thanks
    dunstonh
    Since my original post, My wife and I have received further scheduled payments, as has my pension fund.
    That doesnt mean a thing. Where is that money coming from? What happens when that tap is turned off?
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • Vistaro
    • By Vistaro 8th Aug 16, 6:47 PM
    • 4 Posts
    • 0 Thanks
    Vistaro
    Anyone NOTbeen paid by Dolphin?
    • Daniel54
    • By Daniel54 8th Aug 16, 7:28 PM
    • 598 Posts
    • 702 Thanks
    Daniel54
    Anyone NOTbeen paid by Dolphin?
    Originally posted by Vistaro
    The FCA warning should be sufficient to deter would-be investors

    http://www.fca.org.uk/news/warnings/dolphin-capital-investors-uk-limited
    • Vistaro
    • By Vistaro 8th Aug 16, 7:32 PM
    • 4 Posts
    • 0 Thanks
    Vistaro
    I understand that but has anyone NOT been paid?
    • Malthusian
    • By Malthusian 9th Aug 16, 9:19 AM
    • 3,929 Posts
    • 6,130 Thanks
    Malthusian
    Why, have you not been paid?
    • Vistaro
    • By Vistaro 9th Aug 16, 9:26 AM
    • 4 Posts
    • 0 Thanks
    Vistaro
    I've had no problems but keen to understand the experience of others before I invest again. It's also worth noting that the FCA warning above is about Dolphin Capital Investors not Dolphin Trust.

    I'm happy with the increased risk of an "alternative investment" but obviously keen to manage the risk, one of many ways to do this is to understand the experience of others hence my interest.
    • Vistaro
    • By Vistaro 9th Aug 16, 9:28 AM
    • 4 Posts
    • 0 Thanks
    Vistaro
    FYI Dolphin Capital became Dolphin Trust mainly because of the bad publicity about Dolphin Capital Investors, my understanding (and I stand to be corrected) is that there is no relationship between DCI and Dolphin Trust.
    • AshBurt
    • By AshBurt 31st Mar 17, 11:20 AM
    • 1 Posts
    • 0 Thanks
    AshBurt
    Dolphin Trust
    Hello Vistario I have invested myself personally to the tune of 19k and have received every return on the exact date required - Dolphin Trust in Germany
    This is via a SIPP - if you want to talk to me then let me know.
    • ianthy
    • By ianthy 1st Apr 17, 10:30 PM
    • 110 Posts
    • 60 Thanks
    ianthy
    I have a friend who invested 20k in a German woodland to be added to his SIPP. He paid the money over 5 years ago and not 1 tree has been planted yet. If it sounds too good to be true, then likely it is.
    • claretmatt
    • By claretmatt 20th Apr 17, 12:20 PM
    • 219 Posts
    • 276 Thanks
    claretmatt
    Has anyone seen any returns from these loan notes?

    I'm seeing a new client today who invested 63,000 in this. Considering the introducer and IFA have disappeared with the later now in default I'm not optimistic.

    The SIPP provider is adamant that it is a sound investment but my experience I have my doubts.
    I am a Chartered Financial Planner

    A
    nything posted on this forum is for discussion purposes only. It should not be considered financial advice as different people have different needs.
    • CRAEDXB
    • By CRAEDXB 7th Mar 18, 2:40 PM
    • 2 Posts
    • 0 Thanks
    CRAEDXB
    Hello to all key contributors, I`m a new member - please can anyone please share any updates - good or bad on Dolphin Capital....I have recently been recommended again (first time 18 months ago). Curious to know how things have developed on this since the original 2013 post on the same subject, Thanks in advance
    • dunstonh
    • By dunstonh 7th Mar 18, 3:09 PM
    • 92,201 Posts
    • 59,360 Thanks
    dunstonh
    Nothing has changed except cold calling on pensions being banned and the regulator and consumer bodies creating further encouragement for consumers to avoid unregulated investment options in SIPPs.

    The biggest complaint area in pensions at this time (and for most of the recent years) is the use of unregulated investments in SIPPs.

    Who is doing this recommending? Have you got yourself on a mugs list?
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • CRAEDXB
    • By CRAEDXB 9th Mar 18, 9:30 PM
    • 2 Posts
    • 0 Thanks
    CRAEDXB
    Thanks for the reply. Recently returned from overseas after 20 years away - seeking investment advice and this was presented as alternative option without any hard sales by a seemingly genuine gent at an accounting firm around 18 months ago. Re presented to me again recently and I was curious before an upcoming meeting with same gent on its current status or performance
    • CBX1985
    • By CBX1985 16th Mar 18, 7:39 PM
    • 18 Posts
    • 13 Thanks
    CBX1985
    Nothing has changed except cold calling on pensions being banned and the regulator and consumer bodies creating further encouragement for consumers to avoid unregulated investment options in SIPPs.

    The biggest complaint area in pensions at this time (and for most of the recent years) is the use of unregulated investments in SIPPs.

    Who is doing this recommending? Have you got yourself on a mugs list?
    Originally posted by dunstonh
    I am an adviser. I joined a local respected company back in 2015. Well, I thought they were respectable until after I was an adviser with them. I was "free" to advise clients on anything I wanted, but the MD used to expect us to have a weekly phone conference with the Dolphin salesman, who was shall we say a little pushy. I was offered, I kid you not, 7% commission for selling this stuff. (it is exempt from RDR, "apparently" - I am not convinced on that). The practice got another 7% for the sale. And no one ever answered my question of how a guaranteed 26% a year loan plus the sizeable cost of their sales company and all the other costs was a good deal for the construction business over just going to a bank for their "guaranteed" business model.

    My hitherto colleagues have about 20m AUM in this crap. It sells like hotcakes. Before anyone asks, I refused to sell any, and joined Intrinsic 6 weeks later - I'm now fully restricted, but at least there is no scam.
    • dunstonh
    • By dunstonh 16th Mar 18, 7:50 PM
    • 92,201 Posts
    • 59,360 Thanks
    dunstonh
    I was offered, I kid you not, 7% commission for selling this stuff. (it is exempt from RDR, "apparently"
    Unregulated stuff is by definition unregulated and not subject to regulations. It explains why the dodgy firms sold them.

    It sells like hotcakes.
    As plenty of posts on this site show, if you make the figure big enough and can get the person's greed going, they will try to find ways to believe you even when logic would suggest otherwise.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • CautiousCautiousCautious
    • By CautiousCautiousCautious 16th Mar 18, 8:31 PM
    • 2 Posts
    • 0 Thanks
    CautiousCautiousCautious
    I!!!8217;ve been approached again. Didn!!!8217;t like the sound of it first time around and even less now. Formed in 2008 pays out 2 year and 5 year depending on length of investment. So in 2013 and 2018 would be looking for new investors to pay out to the original people. Just a thought. I!!!8217;m super cautious so nothing like this would ever tempt me to invest any money I had worked extremely hard for or risk my pension that is the only asset I possess.
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