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Evening Standard
Evening Standard
National
Henry Saker-Clark

Former fund manager Neil Woodford to be banned and fined almost £46m

Neil Woodford FCA WIM
Neil Woodford has been provisionally banned (Woodford Investment Management/PA) - (PA Media)

The financial watchdog has provisionally banned former star City fund manager Neil Woodford and fined him and his former fund company almost £46 million for putting investors’ money at risk.

The Financial Conduct Authority (FCA) said it will ban Mr Woodford from holding senior manager roles and managing funds for retail investors.

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