By now readers will have heard that investors in Woodford Equity Income have backed the £230mn compensation scheme set up to get them as much of their money back as possible.

About 94 per cent of the investors who voted backed the scheme (though it's worth noting that only 54,000 of the about 300,000 investors trapped in the fund actually voted).

Most allocators extricated themselves from the Woodford fund before it was suspended, but one exception to this was Quilter, whose Cirilium portfolio range still has a small legacy holding stuck in the fund (its holding in the fund is tiny: 0.02 per cent of the Cirilium range's AUM).

But this means Quilter had a vote on whether to accept the compensation scheme or not so we thought we'd ask them how they voted.

A spokesman for Quilter said: "Quilter Investors made the decision, having reviewed the scheme and following our internal governance process, to vote in favour of the scheme.

"This decision was deemed to be in the best interests of investors in the Cirilium portfolios, as it will provide a level of certainty as to when the Cirilium portfolios will receive funds from the scheme, rather than taking the longer and costly route of litigation.

"The funds received from the scheme will also then be able to be invested in line with the investment policies of the Cirilium portfolios."

There will doubtless be many who empathise with Quilter's desire to get this sorry saga over and done with.

But the scheme now has to go through the courts and there are many opponents to the compensation scheme who are lawyered up in the belief they can get more money back.