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Kent pension fund says Woodford compensation ‘draws a line’ under saga

The local authority had around £240m invested in Woodford's fund when it was suspended in June 2019

Kent County Council voted for compensation scheme as it was the 'best option to receive redress'
Kent County Council voted for compensation scheme as it was the 'best option to receive redress'

Kent County Council's pension fund says a compensation scheme approved by investors last week "draws a line" under a four year saga for the local authority.

The pension fund was the only local authority invested in the Woodford Equity Income fund. It had around £240m invested when the former flagship vehicle was suspended in June 2019.

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