Industry questions where the blame lies for Woodford liquidity issues
The industry has joined the conversation sparked by the FCA's warning notice to Neil Woodford and Woodford Investment Management.
Source: investmentweek.co.uk
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Pensions Ombudsman 'not fit for purpose' says financial planner director
A financial planner has accused The Pensions Ombudsman (TPO) of not being “fit for purpose”. Penney, Ruddy & Winter director and chartered financial planner David Penney via X revealed an email he received from TPO.
Source: moneymarketing.co.uk
'End is in sight' for Woodford investors after 'excruciatingly long wait'
The FCA's revelation that it aims to deliver up to £235m in redress to investors in the former WEIF has been welcomed by industry experts.
Source: investmentweek.co.uk
Thug, 37, admits killing recruitment firm boss, 55, in brutal assault outside his Kent home
A 37-year-old man admitted on Wednesday to killing a businessman in a violent assault outside his home. Lance Colston pleaded guilty to the manslaughter of Jason Orwin during a hearing at Maidstone Crown Court, Kent. Mr Orwin, a managing director of a financial recruiting firm, died after suffering a head injury and cardiac arrest in the attack in Bower Place, Maidstone, in July last year. In a cruel twist of fate, the 55-year-old had been robbed just a few weeks earlier in an unrelated incident in which he suffered a fractured hip and had his custom-made, 18-carat, diamond-encrusted gold wat...
Source: dailymail.co.uk