Link Fund Solutions will “explore all options” in relation to the £306m consumer redress bill likely to be imposed on the firm over its failings in the collapse of the former Woodford Equity Income fund.
Writing in response to the statement yesterday (12 September) from the Financial Conduct Authority, Link reiterated that this was "not a final decision" and it would fight against the claim as it "does not agree with the FCA's view". The statement read: "LFSL will explore all options, including challenging any warning notice that may be issued at the regulatory decisions committee and further through the upper tribunal." Link Group said it "remains supportive" of Link Fund Solutions considering all options, adding the firm "continues to trade profitably with a leading position in its ...
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