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FCA fines Neil Woodford £6m and bans him from senior roles

Asset Management Correspondent

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The Financial Conduct Authority has fined Neil Woodford £5.9m for failures relating to the collapse of his flagship Equity Income fund in 2019. 

The UK regulator has also fined Woodford Investment Management, the company he founded in 2014, £40m and banned the former star stock picker from holding senior manager roles and managing funds for retail investors.

FCA fines Woodford £6m and bans him from senior roles

The UK regulator has also fined Woodford Investment Management £40m for failures managing the Woodford Equity Income fund

David Ricketts

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sxBZJfEvyk4kKS8aDSenqEBUruW9lVDIKNQ7vvMSjErF41GkG4tmvga+BetxNSMvBR0MaxxWdHxgMlxnxYxibtszPyWPYv2EbCWcYInMDdyfq6mD5q8vRPD3YlsefL7jgQj76qYdfswRA7RVSg4yV7TmI08jMEF6WTMP+lokkrAh2R6bFRr+p7DLqELrpdI2aA6PZIsj6S8p0edDVA+GU70QoEWu/qSRojze/5BLiloj6Y9OqDaBYw==

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