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High Court gives green light to £230m Woodford compensation scheme

The High Court has approved a redress scheme worth up to £230million for the 300,000 investors burned by the collapse of Woodford Equity Income.

United kingdomAndy agathangelouHargreaves lansdownJonathan richardsNeil woodfordFinancial conduct authorityFinancial services compensation schemeA high courtFinancial ombudsman serviceHigh courtTransparency taskWoodford equity incomeWoodford investmentCourt judge jonathan richards

Judge approves compensation for Neil Woodford investors

About 300,000 people could receive payouts but campaigners say it is an "appalling outcome".

United kingdomAndy agathangelouBryan hughesJonathan richardsNeil woodfordA high courtLink fund solutionsHigh courtWoodford equity income fundTransparency taskFinancial conduct authorityWoodford equity incomeCourt judge jonathan richardsTransparency task forceNeil woodfordCompensation scheme

Woodford investors set for £230m payout as judge sanction compensation scheme

Investors in Neil Woodford’s collapsed investment fund are set for £230m in payouts after a court approved a controversial redress scheme.

City ofUnited kingdomJonathan richardsNeil woodfordAndy agathangelouTransparency taskFinancial services compensationLink fund solutionHigh courtFinancial conduct authorityLink fund solutionsCharlie conchieHigh court judge jonathan richardsLink fundTransparency taskforceTransparency task force

High Court sanctions Link s £230m Woodford redress scheme

Transparency Task Force considering an appeal

United kingdomJustice richardsAndy agathangelouFinancial ombudsman serviceHigh courtFinancial services compensation schemeLink fund solutionTransparency taskWoodford equity incomeTransparency task force

Neil Woodford investors to get £230m payout

It comes nearly five years after 300,000 savers saw £3.7billion of their cash trapped in the Woodford Equity Income Fund when it was shut down.

Bob blackmanNeil woodfordJustice richardsWoodford equity income fundFinancial conduct authorityTransparency taskLink fund solutionsTransparency task forceBaroness bowles

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