Woodford traders obtain £185 million in compensation

As soon as revered as a star fund supervisor, Neil Woodford’s title is now extra notorious within the funding trade. Virtually 5 years have now handed for the reason that Woodford Fairness Earnings Fund was suspended, leading to round 300,000 folks dropping cash.  

In February this yr, a Excessive Court docket decide authorized a compensation scheme to present Woodford Fairness Earnings traders some redress. This fee is on high of the cash traders already obtained from the sale of the fund’s investments.