Woodford: Link avoided £50m FCA fine due to redress scheme
Regulator said it would have proposed a penalty of up to £50m if Link had not settled on a scheme of arrangement
Link
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Woodford investors to receive initial £185.7m distribution
Redress to be paid out today, almost five years on from fund’s initial suspension
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Link launches scheme of arrangement for Woodford Equity Income investors
First payment can be expected in early April
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Woodford redress scheme ‘changes the game’ for consumer protections, campaign group warns
Removal of FSCS protection could have severe consequences for wealth managers, according to Transparency Task Force
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Link Fund Solutions acquired by Waystone as Woodford fallout continues
600 Link staff will join fellow asset servicing firm