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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

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MOETCZZJsPxK0yxRBIKJzI5SPkWOs0WWiKiJY34J53XVKGOSgJcjA7jvbIuSHx2gG55QpMAEl0+8f8zFlmXdPQnQ44GdDfZ6aAceLoyXG+ZQB334QGqlIlMFEzVe+esTAVS9Ki9rpTMIvqS4yg+zmAvVai8ZQ0v4Rp6D2AGwRYvlc3QO7vWaMY/ADlNiyGc7mQyQmGV4W4McenAdTnSVIL00EomcfwZLIEnl0H+9Sjgg3cPZpMz/Jg==

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