Neil Woodford refuses to waive fees despite pressure from MPs and FCA

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 · Neil Woodford refuses to waive fees despite pressure from MPs and FCA. The Guardian. Fund suspensions crucial to prevent asset fire sales, says Bank deputy. PA money news.. neil woodford refuses to waive fees despite pressure from MPs and FCA. The Guardian.

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 · The City watchdog has called on under-fire investment star Neil Woodford to waive his £100,000-per-day management fees after he stopped customers withdrawing money.

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A meltdown at money manager Neil Woodford’s flagship fund is being probed by regulators – as his fees since blocking withdrawals surged past 1million. Mr Woodford’s Equity Income fund shut its doors a fortnight ago because it did not have enough ready cash to pay departing savers, sending shockwaves through the City.

Sixty Conservative MPs are urging the Government to provide ‘full’ compensation for nearly 900,000 investors still left out of pocket as a result of the near meltdown of Equitable Life in 2000. In a.

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The rapid deterioration of Neil Woodford’s flagship fund will be scrutinised by a parliamentary select committee, whose chair called on the UK’s most famous stockpicker to waive management fees.

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 · City watchdog the FCA adds to calls for suspended Woodford Equity Income Fund to waive fees.. Neil Woodford faces regulator pressure over fees.. (FCA) Neil Woodford;