Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

UK regulator flags big redress bill likely for Link

The UK's Financial Conduct Authority (FCA) has approved Dye & Durham's takeover of Link Group, but the acquisition may be hindered by potential redress payments of more than $500 million over Link's involvement with the LF Woodford Equity Income Fund.

Upgrade your subscription to access this article

And gain access to:
  • All archived news content
  • Access to the Financial Standard app
  • Home page news customisation
  • Financial Standard 's fortnightly newspaper
  • 25% discount on tickets to networking events
And more
Already A Subscriber?

Read more: FCALink Fund SolutionsLink GroupLF Woodford Equity Income FundDye & DurhamFinancial Conduct AuthorityACCCNeil Woodford