The High Street Group
The High Street Group was a property-focused investment business that attracted funding from UK investors, many of whom used their pensions to invest through loan notes. The business, which operated under a complex network of more than seventy associated companies, was promoted as an award-winning group active in areas such as private rental housing and construction.
Despite early marketing claims, the company failed to deliver on its interest payments and, in 2021, a vote by stakeholders blocked investors from redeeming their funds, a move that caused significant concern. Shortly after, the group changed its name to Hadrian Real Estate. Its founder, Gary Forrest, resigned as chairman of the newly named company but remains a director of over sixty connected businesses.
What Went Wrong
Many investors were not fully aware of the risks involved when they committed their savings or pensions to the High Street Group. In some cases, individuals were advised to invest through a self-invested personal pension (SIPP), sometimes after signing declarations as execution-only clients or so-called ‘sophisticated investors’. Others received formal financial advice that may not have been suitable for their needs.
There are now concerns that the advice given in these cases was inappropriate, and that some investors were misled about the nature of the investment, the level of risk, and the security of their capital. In some instances, there may even have been financial incentives for introducers or advisers to recommend the investment.
Be Cautious When Seeking Help
Anyone that had dealings with the High Street Group or any of the associated businesses and had their pension transferred may have been given advice that was wholly unsuitable and should have their investment reviewed immediately.
You should avoid any business that cold calls you as this could mean that they have obtained your personal data illegally and could be giving commission back to the very businesses that sold you the investment in the first place.
How We Can Help
We offer a clear and transparent service for individuals who invested in the High Street Group, particularly through pensions. Whether you received formal advice, signed a declaration without fully understanding the implications, or were mis-sold the investment altogether, we can assess your situation and help determine whether you have a claim.
Even if you have already claimed compensation in the past, you may still be entitled to further redress.
We offer a free initial consultation, either by phone or video, with one of our legal specialists. We work on a no win, no fee basis and do not share our fees with sales teams or third parties. To find out more or to speak with someone today, call us on 0800 041 8358 for a no obligation conversation.
