Woodford investors to receive fifth payout

Investors in the former Woodford Equity Income Fund will receive a fifth capital distribution payout in November, with a total of £2.54bn having been distributed to investors so far since the fund began winding up.

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Woodford hits back over £3.5bn fund wind-up decision

Neil Woodford has hit out at Link Fund Solutions after the administrator decided to pull the plug on his £3.5m Equity Income Fund.

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FCA forces Capita FM to pay investors £66m

The Financial Conduct Authority has today publicly censured Capita Financial Managers Limited (CFM) and ordered the firm to pay up to £66m to investors in one of its income funds.

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