Neil Woodford

Neil Woodford has criticised his own industry for charging customers too much and paying managers too high a price for tracker-style performance, in an interview with the BBC.

This week's referendum on Scottish independence will herald a period of ‘extraordinary political and economic uncertainty' for the UK whatever the outcome, Neil Woodford has said.

Skandia has reversed its unpopular decision to close mirror versions of the Invesco Income funds after an outcry from advisers.

Demand for Neil Woodford's fund has helped make the UK equity income sector the best-selling category for a second month in a row.

Old Mutual Wealth chief executive Paul Feeney has contacted clients to defend a decision to shut the Skandia Invesco Perpetual income funds, pointing to "truly exceptional circumstances" following Neil Woodford's departure.

Skandia's decision to switch pension clients out of its Invesco Perpetual Income mandates and into Neil Woodford's new CF Woodford Equity Income fund is expected to cost investors over £6m in trading costs.

Skandia has handed £640m worth of life mandates currently run by Invesco Perpetual's Mark Barnett to Neil Woodford, in a move Hargreaves Lansdown analysts suggest may be the first of many.

Neil Woodford's St James's Place mandate is in line for a rapid windfall from the manager's investment in Daisy Group after its chief executive said he was plotting a £500m buyout of his own company.

Neil Woodford has added a new position in Royal Mail to his £2.4bn Woodford Equity Income fund as the company's share price began to falter this year.

Equity Income fund managers are yet to warm to the tobacco sector, despite a strong 2014 for stocks driven by M&A and their defensive qualities.