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Woodford investors receive first redress payments from £230 million scheme

Woodford investors receive first redress payments from £230 million scheme
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FCA reasserts proposed Woodford redress is subset of losses as sanction decision delayed

The FCA has clarified that its calculated £298m redress amount for investors in the former Woodford Equity Income fund represents a “subset of total losses”.

Jonathan richardsFinancial services compensation schemeLink fund solutionsTom smithLink fund solutions limitedWoodford investmentNeil woodfordWoodford equity income fundFinancial conduct authority

Woodford investors say watchdog has been misleading over redress scheme

A group of investors in the former flagship Woodford Investment Management (LSE:WPCT) equity fund has accused the UK s financial watchdog of "misleading.

United kingdomAndy agathangelouFinancial conduct authorityAustralia link groupFinancial services compensation schemeLink fund solutions limitedWoodford campaign groupWoodford investment managementWoodford equity incomeFinancial services compensationLink group

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