Ever had, personally or through an investment portfolio, shares in the Woodford Equity Income Fund?
If so, our specialist financial mis-selling team may be able to help you claim compensation if you have been left out of pocket following the Woodford Equity Income Fund’s suspension in 2019.
Acting on a no-win, no-fee basis, we have helped many people to recover compensation after they have entered into unsuitable or badly managed investments.
If you have concerns about your investment in the Woodford Equity Income Fund, get in touch with TLW Solicitors today to see if you can claim compensation.
What is the Woodford Equity Income Fund?
The Woodford Equity Income Fund was set up by fund manager Neil Woodford through a company called Woodford Investment Management in 2014. The aim of the Fund was to give regular and growing income to investors that they could quickly and easily access. One of the Fund’s corporate directors was another company, Link Fund Solutions Limited, whose responsibility it was to watch over the management of the Fund.
Concerns then started to emerge that investors would not be able to access their funds as flexibly as they had expected and that the investments were in effect locked or “illiquid”, which was not how the product was marketed. This lack of liquidity led to trading in the Woodford Equity Income Fund being suspended in 2019 leaving any investors who still had shares, either themselves or through their portfolios, in limbo.
Link Fund Solutions
Following the suspension of the Woodford Equity Fund, investors are likely to have lost out financially and now compensation claims are being started to recover those losses.
One concern that some have is that Link Fund Solutions Limited, the company who were supposed to supervise the Woodford’s fund and ensure that investors were protected, failed to properly watch over the Fund which has meant that investors could not quickly access their investments as they had been promised.
You may be able to claim if you have or had shares in the Woodford Equity Income Fund following its suspension in 2019. Alternatively, if you do not have shares directly, you may still be able to claim if you invested in them through a Self Invested Personal Pension (SIPP) arranged by your financial adviser and through platform providers such as Hargreaves Lansdown, Gemini and Quilter.
Financial Mis-Selling Specialists
Working on a ‘no win – no fee’ basis, TLW’s experienced team can help you through the compensation process. TLW Solicitors are currently helping clients who have been the victims of financial mis-selling, in particular those who were advised to invest in unsuitable or badly managed financial products either directly or as part of a pension scheme or SIPP.
TLW Solicitors Can Help
If you are concerned about yours, a friend or loved one’s investment in the Woodford Equity Income Fund, please get in touch with TLW Solicitors for a free, no obligation discussion by calling 0800 169 5925, emailing email@example.com or complete the call back form below.
Strict time limits apply in these cases and so anyone wishing to bring a claim should do so without delay.
For added TLC, think TLW Solicitors.