Kent LGPS fund says Woodford closure is 'in best interests' of investors

£6.4bn scheme

clock
Kent LGPS fund says Woodford closure is 'in best interests' of investors

The Kent Pension Fund has reassured members that the closure of Woodford Investment Management will not affect its ability to pay benefits.

The £6.4bn local authority fund said a "managed run-down" of the beleaguered investment manager would be best for all investors. It was announced on Tuesday (15 October) that Link Fund Solutions...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment