Woodford Fund Redress Scheme Misleading
This is a news story, published by BBC, that relates primarily to Woodford Equity Income Fund news.
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Woodford fundBBC
•World
World
'I could lose £100K despite Woodford fund redress scheme'

80% Informative
Around 300,000 people lost money when Woodford Equity Income Fund collapsed in 2019 .
In 2023 , the Financial Conduct Authority announced a "redress scheme" It said it would allow investors to recover around 77p in the pound.
But some investors say that figure was misleading and the scheme locked them out of other consumer protections.
MPs and peers have written to the Commons Treasury committee to ask for an inquiry into the scheme.
VR Score
84
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86
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24
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informal
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English
Language complexity
38
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Attention-grabbing headline
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short-lived
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4
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