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FCA may seek £306m as LFS takeover is approved

FCA reception
Photo: FCA

Thomas Hyrkiel

1 min read
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FCA signals that its investigation into the collapse of the Woodford Equity Income Fund may find misconduct by LFS.

The conditional approval of a potential takeover of Link Fund Solutions (LFS) by Dye and Durham, a provider of workflow software for the professional market, has led to the FCA announcing that it may seek up to £306m ($353m) of redress from LFS in connection with the liquidation of the

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