One more scandal, for the road.

by 1 Oct, 2019

You’ll be forgiven for not noticing, what with the UK government in meltdown n’all, however there is an enormous scandal raging in the finance world right now. Neil Woodford, once the country’s most celebrated fund manager, has lost billions for investors after flouting rules on what he was allowed to invest in.

The country’s biggest investment platform, Hargreaves Lansdown (founded by Brexiteer Peter Hargreaves), gave him a leg-up too, recommending his fund on its Wealth50 list – even while it was losing money and investors were fleeing – after Woodford gave them a discount on fund fees.

Watch founder of New Money Rebecca Jones discuss the scandal with a panel of experts at a Tortoise Media ThinkIn below:

About the author

About the author

Rebecca Jones

A financial journalist and communications consultant for nearly a decade, Rebecca has worked across national media, b2b, charities and for the UK’s most established sustainable investment team.