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FCA plan to deliver Woodford investors significant redress

The FCA have announced their plan to deliver Woodford investors significant redress

Link group fund solutionsLink administration holdings groupLink groupLink fund solutionsLink fund solutionAustralian stock exchangeWaystone groupFund solutionsWoodford equity income fundLf woodford equity income fundLink administration holdingsEquity income fundExecutive directorMarket oversightWoodford equity incomeEquity income

FCA announces plan to deliver significant redress to Woodford investors

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

Waystone groupWoodford equity income fundAustralian stock exchangeFund solutionsLink group fund solutionsLink fund solutionLink groupLink fund solutionsLf woodford equity income fundFinancial conduct authorityLink administration holdings groupLink administration holdingsEquity income fundExecutive directorMarket oversightWoodford equity income

Significant progress now looks to have been made AJ Bell s Ryan Hughes comments on FCA announcement of redress for Woodford investors

“Some 1,417 days have passed since the suspension of the Woodford Equity Income fund and today’s announcement from the FCA regarding financial redress due to

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Woodford fund investors likely to receive much less than £235mln reparations

Woodford fund investors likely to receive much less than £235mln reparations
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£235m redress for investors agreed as Woodford saga nears wind-up

Though the deal still rests on Link Fund Solutions' sale to Weystone Group

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