Make your money go further for just 25p per day


Dear FCA, it’s time to act

Neil Woodford looks worried as he sits in a boardroom

Would the Woodfund fund fiasco have happened if the Financial Conduct Authority had done its job better? Possibly not. Does the UK's financial regulator have a lot of work to do to re-build trust in the industry and ensure the mistakes of the last few years do not happen again? Absolutely. Here is our overview of the problems which have led to the downfall of Woodford (and potentially others) and the steps the FCA must now take to rectify the situation.

Dear Financial Conduct Authority,

I am sure you are aware that over the last few weeks many demands have been made of your work. We thank you for your quick action in opening a probe into the fiasco of the Woodford Equity Income Fund and appreciate your admittance of failings in the lead up to the fund’s suspension.

We also acknowledge that the palaver is not entirely your fault. Clearly Neil Woodford himself has a lot to…

Continue reading our content…

Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
  • Unlimited access to our market-beating portfolios
  • In-depth coverage of many of the world’s great companies
  • Unique insights from our top research team
Register FREE for access to limited content.
  • Company and markets insights
  • Sponsored content
  • Podcasts

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world


Become a Champion Investor for just £90 a year.