Page 32 - Link Fund News Today

The financial fallout from the 2019 collapse of a Woodford retail fund in the – UK which Link’s subsidiary administered – proved too much.

Link Group had no provisions in its own accounts for any fines stemming from its UK subsidiary’s management of a Woodford fund.

Good morning and welcome to your Morning Briefing for Wednesday 14 September 2022. To get this in your inbox every morning click here. Consumer Duty  There have been fears that the Financial Ombudsman Service may introduce a degree of retrospective ruling making on the Consumer Duty. But interim chief executive

The takeover of the superannuation administrator and share registry group is in serious jeopardy as investors bet it will fall over after a UK ruling over a collapsed fund.

The fallout from a controversial $6.9 billion fund in the UK has triggered fresh drama in Dye & Durham’s $2.5 billion takeover of Link.

The fallout from a controversial $6.9 billion fund in the UK has triggered fresh drama in Dye & Durham’s $2.5 billion takeover of Link.

Link and its Canadian buyer will have to make sure there is money in the kitty to pay fines relating to the 2019 collapse of financial wizard Neil Woodford.

An investigation into the funds suspension, initiated nearly three years ago by City regulator the Financial Conduct Authority, has yet to be completed.

An investigation into the funds suspension, initiated nearly three years ago by City regulator the Financial Conduct Authority, has yet to be completed.

The Russian troop placements around Ukraine threaten to spin out control as major Nato players conduct their own private diplomacy.