Neil Woodford's Equity Income fund has been removed from the Investment Association's (IA) UK Equity Income sector having failed to meet the trade body's yield requirements.
The Investment Association requires funds to deliver a higher income than the FTSE All Share over rolling three-year periods to be included in the UK Equity Income sector. Woodford Equity Income has...
'Managed separation update'
The chairman discusses his surprise holiday job
Three months on
Regulator has stepped in