The Financial Conduct Authority (FCA) is expected to ramp up its regulatory scrutiny of fund buy lists, following the gating of the Woodford Equity Income fund, with the backing of the Treasury Select Committee.
FCA chief executive Andrew Bailey and its chair Charles Randell faced a grilling from the committee over the regulator's handling of the fund's gating at a hearing on Monday, which saw Hargreaves Lansdown's...
Introduces drawdown lock
New regime rolled out today
'Top dozen or so'
Follows extended period of underperformance
400p per share
Search for replacement has started
At times when scandal tears through the industry, David Boyle believes in the importance of regrouping, learning and making sure all bases are covered with sound due diligence practices