<p><span>Following an investigation by the Financial Conduct Authority (FCA), Link Fund Solutions (LFS) has agreed to provide, with a material contribution from its ultimate parent, Link Administration Holdings (Link Group), a significant redress payment to investors in the LF Woodford Equity Income Fund (the WEIF) of up to approximately £235 million.</span></p>
The redress is to cover losses to over 300,000 investors in the Woodford WEIF as a result of failures by LFS, as the authorised corporate director (ACD) of
Link Fund Solutions sale to generate redress for Neil Woodford investors funds-europe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from funds-europe.com Daily Mail and Mail on Sunday newspapers.