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FCA’s Woodford probe racks up another £750,000 in costs

The watchdog’s bill for its investigation into Neil Woodford has now passed £3m

By David Ricketts
The FCA has spent more than £3m on outside help during its six-year investigation into the collapse of Neil Woodford’s flagship Equity Income fund, FN can reveal
The FCA has spent more than £3m on outside help during its six-year investigation into the collapse of Neil Woodford’s flagship Equity Income fund, FN can reveal Photo: Alamy

The Financial Conduct Authority has racked up another £750,000 in costs for its probe into the collapse of Neil Woodford’s flagship fund.

The total cost of its investigation into the former star manager has now passed £3m.

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