Link Fund Solutions has agreed to pay up to £235million to investors who lost money following the collapse of Neil Woodford s £3.8billion Equity Income Fund.
<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>