The suspension of the Woodford Equity Income fund is set to spark an industry-wide review of authorised corporate directors (ACDs) headed up by the FCA, following scrutiny of their role in the scandal by politicians, regulators and industry executives.
Woodford's ACD Link Asset Services is currently being scrutinised by the Financial Conduct Authority (FCA), amid monthly discussions over the liquidity of the fund since February, with the regulator now...
More than 4,500 retail investors affected
After failing to turn up to hearing twice
Winning back consumer confidence
Taxation of loyalty bonuses
Shares down more than 50%