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Woodford fund compensation for investors likely to total 77p in the pound

Takeover of frozen fund’s administrator and FCA ruling could filter extra £235m to 300,000 investors

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The Morning Briefing: Woodford redress and LTA surprise

Good morning and welcome to your Morning Briefing for Thursday 20 April, 2023. To get this in your inbox every morning click here. Woodford redress The Financial Conduct Authority has ordered Link Fund Solutions to provide a significant redress payment of up to £235m to investors in the Woodford Equity Income Fund

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FTSE 100 slips, Haleon PLC and Jet2 PLC firm on upbeat trading

FTSE 100 slips, Haleon PLC and Jet2 PLC firm on upbeat trading
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FCA orders Link to pay £235m redress to Woodford investors

The Financial Conduct Authority has ordered Link Fund Solutions to provide a significant redress payment of up to £235m to investors in the Woodford Equity Income Fund (WEIF).

Australian stock exchangeLink groupWaystone groupLink group fund solutionsFund solutionsLink fund solutionsWoodford equity income fundFinancial conduct authority

Compensation plan for Neil Woodford investors revealed

Savers in the collapsed Neil Woodford fund could receive 77% of their investment back.

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