Hundreds of investors call for probe into FCA's handling of Woodford saga - reports

According to reports by Reuters, the draft letter has been signed by around 400 investors. Bob Blackman, chair of the APPG, is urging the government to step in, ten days before voting closes on the proposed redress scheme for Woodford investors - which could see them receive a maximum of £235m back, representing 77p in the pound. Registration to vote on Link Fund Solutions' Woodford scheme of arrangement opens The FCA has urged investors in the former WEIF to back the redress scheme and accept the 77% offer. But in the draft letter, Blackman accused the regulator of understating...