Written Question·Treasury·UIN 50729
Woodford Investment Management
Tabled: 7 May 2025
Answered: 13 May 2025
Question
Sarah Gibson
Liberal Democrat — Chippenham
To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the Financial Conduct Authority's redress scheme in relation to the collapse of the Woodford Equity Income Fund.
Answer
Emma ReynoldsOn 19 April 2023, the FCA published a statement on their investigation into the circumstances leading up to the suspension of the Woodford Equity Income Fund, and the role of Link Fund Solutions. The statement set out a proposed settlement scheme for this...
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