Episode Details

Neil Woodford, once a billionaire fund manager whose equity fund collapsed in 2019 wiping out £10 billion, is now facing legal action from the FCA for allegedly offering unauthorized investment advice through a new UAE-based subscription platform. Despite being banned from senior financial roles and fined £46 million, Woodford launched W4.0 last year promising direct access to his strategies — now accused of violating financial regulations. The FCA is seeking an injunction to stop the activities, emphasizing its mission to protect investors from unlicensed financial promotions.

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