Regulatory questions to be asked as Woodford investors' capital value could 'plummet'
Threat of legal action looms over Woodford IM
The Financial Conduct Authority (FCA) may need to review existing rules governing fund management, amid warnings that "investors will see the value of their investment plummet" as a result of the Woodford Equity Income fund's suspension of dealing, legal experts have said.
Professional Adviser's sister publication Investment Week reported recently that Woodford Investment Management could face legal action from investors as a result of its decision to suspend dealing while...
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