FCA confirms Link Fund Solutions investigation will be published if investors accept Woodford deal

No comment on other investigations

The Financial Conduct Authority has confirmed it will publish “full and detailed” findings of its investigation into Link Fund Solutions’ role in relation to the former Woodford Equity Income fund if investors vote in favour of the proposed scheme of arrangement.

Speaking at a press conference following the regulator's annual public meeting, Therese Chambers, joint executive director of enforcement and market oversight at the FCA, confirmed a final notice will be published if the scheme of arrangement becomes effective. Investors had raised concerns over the potential lack of a report following former executive director for enforcement and market oversight Mark Steward's comments at last year's meeting, who said the regulator would not be able to publish a report of its investigation unless enforcement action was taken. Woodford investors set ...