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Woodford investors to get £235m in compensation after FCA probe

Regulator finally closes the book on a major investing scandal

Years of negotiations result in compensation for 300,000 investors
Years of negotiations result in compensation for 300,000 investors Photo: Chris Ratcliffe/Getty Images

Investors in Neil Woodford's collapsed fund empire are due to receive £235m in compensation after a Financial Conduct Authority investigation into authorised corporate director Link Fund Solutions.

The City watchdog announced on 19 April that 300,000 investors in the flagship Woodford Equity Income Fund (WEIF) run by the fallen star manager will finally see redress after Link Fund Solutions agreed to a payout.

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