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.
Stay updated with breaking news from Transparency Task Force. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
Investors burnt by the collapse of a flagship fund run by once-famed stock picker Neil Woodford urged a London judge on Thursday to block an unfair redress scheme worth up to 230 million pounds ....
Fund manager still refuses to accept any responsibility for collapse of his flagship fund
This article was first published as part of the Friday Briefing series, which is available exclusively to Investment Week members each week.
Law firm Harcus Parker has called on Woodford investors to vote against the redress scheme proposed by Link Fund Solutions.