Investors in the former Woodford Equity Income Fund will receive an additional £183m, meaning a total of almost £2.5bn will have been distributed to investors since the fund began winding up.

The two founding directors of Woodford Investment Management were paid total dividends of £13.825m in the company’s most recent financial year despite a profit plunge and well publicised woes at the company.

Neil Woodford has hit out at Link Fund Solutions after the administrator decided to pull the plug on his £3.5m Equity Income Fund.

The FCA has confirmed that it has begun an investigation into events leading up to the suspension of the Woodford Equity Income Fund (WEIF).