Neil Woodford and company fined nearly £46m over failures
Source: BBC
Karen HogganBusiness reporter, BBC NewsPAFormer star fund manager Neil Woodford and his investment firm have been fined a total of almost £46m by the financial watchdog.Some 300,000 people lost out when Woodford Equity Income Fund collapsed in 2019 after investors tried to withdraw money faster than the fund could pay out.The Financial Conduct Authority (FCA) has provisionally fined Mr Woodford nearly £6m and…
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