No chance of Woodford investigation findings coming out soon, FCA admits

Delay risks wrath of Treasury Committee

Pedro Gonçalves
clock • 2 min read
The probe into the collapse of Neil Wooford's Equity Income fund in 2019 is still ongoing
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The probe into the collapse of Neil Wooford's Equity Income fund in 2019 is still ongoing

The Financial Conduct Authority has said it does not know when the investigation into the collapse of the Woodford Equity Income fund will end, causing exasperation from the Treasury Select Committee.

In a letter sent to the Treasury Select Committee, the City watchdog said to date it has conducted 14 witness interviews, with all key interviews now having been questioned. "The investigation team...

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