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There has been commentary over the weekend about the redress scheme for people who invested in the Woodford fund. It is vital that as people vote they receive accurate information.
This scheme represents the best way for most people to get money back. Any other routes are highly uncertain, would take much longer and be unlikely to deliver anywhere near the levels of redress being suggested elsewhere.
The scheme does not prevent people making claims against third parties in relation to the failure of the fund and is one member, one vote so institutional investors have the same voice as individuals' ones.
We strongly encourage all investors to engage with the voting process and read the information made available through both Link and our website.
https://www.fca.org.uk/news/statemen...ty-income-fund
