'Blame all round': Industry reaction to Woodford Equity Income fund suspension

FCA needs to review fund structure rules

Neil Woodford

Neil Woodford

Neil Woodford is not solely to blame for the "disappointing" recent events relating to his flagship Equity Income fund, but the warning signs appear to have been ignored for some time, according to fund selectors.

Expressing a degree of sympathy with Woodford Investment Management, commentators have laid responsibility at the hand of the Financial Conduct Authority (FCA), large platforms that "over-promoted" the...

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