Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

The 'risk' of Neil Woodford; 'canny' cash ISA choices; and a pension trap for divorcees - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

Revealed: the real risk of Woodford When Neil Woodford left Invesco Perpetual in 2013 to start his own firm, loyal investors followed him in droves, notes this Sunday Times article - before going on to put the case that his flagship Woodford Equity Income fund has since become "risky". According to the piece, more than 50% of the fund used to be invested in FTSE 100 companies - today, however, the proportion is closer to 20%. Similarly, volatile smaller companies make up more than a fifth of its holdings - against just 7% when the fund was launched in 2014. Back then, it held 51 sto...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Majority of UK wealth management sector eyes acquisitions this year

Majority of UK wealth management sector eyes acquisitions this year

Continued appetite and momentum in M&A space

Isabel Baxter
clock 30 June 2025 • 3 min read
How can firms improve client engagement with wealth products?

How can firms improve client engagement with wealth products?

Consumer first focus; Simplifying prodcut information

James Wood
clock 30 June 2025 • 4 min read
Verso rejects platform incentives model, says adoption must be earned

Verso rejects platform incentives model, says adoption must be earned

Nucleus-built platform rolled out across advice group with no mandated use as consolidator targets £5bn AUM

Sahar Nazir
clock 27 June 2025 • 2 min read