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Neil Woodford refuses to waive fees despite pressure from MPs and FCAUpdated11 Jun 9:01am

Neil Woodford refuses to waive fees despite pressure from MPs and FCA

The Guardian
Regulator said City stock-picker should scrap charges on frozen Equity Income Fund Neil Woodford is refusing to waive fees for investors trapped in his flagship fund, despite calls by MPs and Britain’s financial regulator to scrap an estimated £100,000 in daily charges. Woodford has come under growing pressure since Nicky Morgan, the MP and chair of the Treasury select committee, called on the embattled fund manager to waive fees for thousands of investors
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