FCA issues fines of nearly £46m for failures managing the Woodford Equity Income Fund

News Financial services Sanctions & Fines

Date: 5th Aug, 2025 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

On August 5, 2023, the Financial Conduct Authority issued an update regarding FCA issues fines of nearly £46m for failures managing the Woodford Equity Income Fund. The FCA fined Neil Woodford £5,888,800 and banned him from holding senior manager roles and managing funds for retail investors, while also fining Woodford Investment Management £40,000,000.

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Financial Conduct Authority

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FCA issues fines of nearly £46m for failures managing the Woodford Equity Income Fund

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FCA issues fines of nearly £46m for failures managing the Woodford Equity Income Fund

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