RGL bolsters group claim against Hargreaves Lansdown over Woodford
Group action to now work on behalf of more than 8,300 claimants
Group action to now work on behalf of more than 8,300 claimants
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Former fund manager said there is ‘much more to be revealed’ behind the story of WIM’s collapse
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Also found Link Fund Solutions failed to act with due skill, care and diligence in its management of the Woodford Equity Income Fund
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First payment can be expected in early April
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Transparency Task Force considering an appeal
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If approved, the firm anticipates an initial distribution to be made in Q1 next year
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600 Link staff will join fellow asset servicing firm
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Link has issued a letter announcing details of the proposed Scheme of Arrangement
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Further details of the compensation scheme expected to be announced in September
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Though the deal still rests on Link Fund Solutions’ sale to Weystone Group
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A settlement with the FCA currently stands in the way of a potential sale to Waystone Group
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As the eligibility for and finality of the FCA’s proposed redress scheme is called into question
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