Following a hearing in February 2024 at the High Court and subsequent investor approval, investors have received the first compensation payment.
Link Fund Solutions has now paid £185.7m to investors, out of a total compensation pot of £230m. There will be further smaller payments to follow, however it has not been announced at this stage as to when this will take place.
Link Fund Solutions will write to investors when subsequent payments are made and these will also appear on quarterly statements issued by Aegon and Fidelity as well as appearing on the bi-annual Valuation and Fund Monitoring reports that we send.
If this is something that may interest you, please get in touch.
- uploaded - 12 June 2024