Insolvency service dividend application and the proof of the loss........

[sheffield61]

Hi all,

I write for some advice here please........


I will shortly be applying for a dividend payment at the Insolvency service linked to my losses at my SIPP against Store First Ltd, otherwise known as the biggest pension scam that the UK has seen to date. I understand that the vital criteria here is to prove the losses to the Insolvency service in order to qualify for this dividend award. Could somebody in the know please tell me if any of the following will prove my losses here please;

A. My here attached valuation report into my Store First SIPP investment. As can be seen here this investment cost me £97,500 in early 2012 but was actually WORTH just over £23,000 on the very DAY that this purchase was made. I am the only one of nigh on 7,000 investors in this scam to ever have had such a valuation report completed.

B. My here attached and legally binding FOS deliberations. These were never enacted for me as my SIPP trustees Stadia simply folded to avoid this commitment to me. Whilst against Stadia these deliberations are only linked to my Store First SIPP investment.

C. I also have £47,500 in FSCS confirmed uncompensated losses today against Stadia. Again whilst against Stadia these uncompensated losses are only linked to my Store First SIPP investment I have read that due to a change of Law in 2014 that any person who has FSCS confirmed uncompensated losses is to be made a preferred creditor in insolvency matters and dividend awards. Could anyone please tell me if I am correct on this point ?

Today I own all the third party rights returned to me by the FSCS. The FSCS have in writing confirmed to me that my uncompensated losses will take priority over their previous award to me of £50,000 against Stadia should I go on to get a dividend payment here.

I would also like some advice about completing the Insolvency Service 14.4 proof of loss form please. For example do/should I claim for the un - Capitalised interest and if so how do I calculate this please?



If someone can tell me if they think I can prove the losses with the information here given then I will be very thankful for that.



Best regards,




John.

[Huxie]

You might want to remove the attachments and redact any personally identifiable information and then repost.

[atticus]

You could submit your information/evidence to the Insolvency Service. Ask them to confirm that your claim is accepted, or if it is not to let you know what further information they need you to provide.