Timetable set for Woodford fund repayments

Timetable set for Woodford fund repayments

Image copyright Reuters Image caption Neil Woodford has been removed as the fund’s investment manager

Stricken investors in Neil Woodford’s former flagship fund will receive their first payments on 20 January as the fund is wound up by its administrators.

Individuals and institutional investors will be told by letter on 13 January how much they should expect to receive in this initial payout.

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