Financial Conduct Authority bans former stock picker from holding senior managerial positions

Financial Conduct Authority bans former stock picker from holding senior managerial positions

Neil Woodford and his investment firm have been fined by the financial watchdog, after 300,000 people lost money when the fund collapsed.

UK regulator bans former star manager but it is unclear how his company would pay its £40mn penalty

Former fund manager will continue to share stocks and share strategies on £100-a-month app