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Evening Standard
Evening Standard
Henry Saker-Clark

FCA seeks injunction against Neil Woodford and investment platform

Neil Woodford FCA
The UK financial regulator has launched civil proceedings against former star City fund manager Neil Woodford and his W4.0 platform (Woodford Investment Management/PA) - (PA Media)

The UK financial regulator has launched civil proceedings against former star City fund manager Neil Woodford and investment platform W4.0 for operating without authorisation.

The Financial Conduct Authority (FCA) alleged that Mr Woodford and his business has been providing investment advice and making financial promotions, through a subscription-based platform, without authorisation.

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