We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Woodford £230M Compensation Plan
Fermion
Posts: 181 Forumite
I have received the following letter via HL regarding the Link Solutions Woodford Compensation Plan https://lfwoodfordfundscheme.com/wp-content/uploads/2023/09/LFSL-Practice-Statement-Letter.pdf
I had significant investments at the time in both my HL Income Drawdown account (£100K+) and my S&S ISA (£30K+). My question is this:-
If the compensation plan is approved and payments are made, are these payments paid into the particular account impacted (viz. Income Drawdown or S&S ISA) or are these just paid directly to the individual either as cash or into their ordinary Fund & Share Account. Anyone know what the normal precedent is in this type of situation?
I had significant investments at the time in both my HL Income Drawdown account (£100K+) and my S&S ISA (£30K+). My question is this:-
If the compensation plan is approved and payments are made, are these payments paid into the particular account impacted (viz. Income Drawdown or S&S ISA) or are these just paid directly to the individual either as cash or into their ordinary Fund & Share Account. Anyone know what the normal precedent is in this type of situation?
0
Comments
-
I got similar inf via iWeb. The first question is should we vote for/against? I have no idea. The rest is mechanical.0
-
For info I voted for1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 349.9K Banking & Borrowing
- 252.7K Reduce Debt & Boost Income
- 453K Spending & Discounts
- 242.9K Work, Benefits & Business
- 619.7K Mortgages, Homes & Bills
- 176.4K Life & Family
- 255.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards