Hargreaves Lansdown, the UK fund supermarket, has reaped more than £40m in fees from customers who bought Neil Woodford’s struggling Equity Income fund through its sales platform.

According to a letter Hargreaves Lansdown chief executive Chris Hill sent to Nicky Morgan MP, chair of the UK parliament’s Treasury Committee, the fees were gathered from clients that have invested in Woodford’s flagship fund since its launch in June 2014.