Woodford staff paid £510k following fund failure

The two remaining staff members at Woodford Investment Management received a total of £510,250 in salaries for the year ended 31 March 2021.

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3 in 4 advisers changed processes post-Woodford

Three-quarters of advisers have changed their investment processes as a result of the collapse of Woodford Investment Management.

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8 in 10 Woodford investors suffered negative impact

Over 8 in 10 (86%) investors hit by the suspension of the Woodford Equity Income fund in June 2019 suffered a 'negative impact' to their finances, according to the Association of Investment Companies.

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Woodford investors to receive additional £183m

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.

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