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Link Fund Solutions sale to generate redress for Neil Woodford investors

Link Fund Solutions sale to generate redress for Neil Woodford investors
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Woodford investors to share £235m compensation payment

About 300,000 investors who lost out when Neil Woodford’s investment fund started to unravel are set to be paid compensation of up to £235 million from the fund’s administrator after a deal with the City watchdog.

Neil woodfordLink fund solutionLf woodford equity income fundLink groupWoodford equity income fundLink fund solutionsFinancial conduct authorityWoodford equity income

Link Fund agrees to pay $292 million in damages to LF Woodford investors

Link Fund Solutions, which runs the closed LF Woodford Equity Income Fund, agreed to provide up to $292 million in damages to investors.

Uk financial conduct authorityLink group fund solutionsLf woodford equity income fundKent county council pension fundWaystone groupLink fund solutionsEquity income fundConduct authorityWoodford investment managementFund solutionsLink group

Link eyes sale of UK unit amid talks with FCA over Woodford settlement

It is in exclusive talks with Dublin-based firm Waystone to sell the Fund Solutions business.

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Australia s Link Administration in talks with Waystone Group for sale of UK unit

It is also discussing the settlement of the UK financial regulator’s probe into the unit.

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