So good to know that at last a Chief Exec is taking it on the chin. Hargreaves Lansdown kept Woodford’s funds on their list of ‘popular’ funds and tempted many to invest when it had clearly become folly to do so. They obviously weren’t giving advice, as ‘no news or research item is a personal recommendation to deal’. However, HL’s boss’s pay has plummeted to £650k as a result. Although, in percentage terms, this may not be quite the plummet suffered by Woodford investors.
“Platforms call for UK government to resist launching ‘retrograde’ British ISAs”
There is a school of thought which might say that, should you wish to revive and encourage investment in the UK Stockmarket, a starting point might be the reversal of Brexit.