Neil Woodford facing City watchdog injunction | Money News
The City regulator is seeking an injunction against the former star fund manager Neil Woodford, claiming he is breaking the terms of a ban related to the collapse of his flagship fund in 2019. The Financial Conduct Authority (FCA) said on Monday it had started civil proceedings against Mr Woodford and UAE-registered W4.0 – a subscription-based platform. “The FCA alleges that Mr Woodford and W4.0 are providing regulated investment advice and making financial promotions through the… platform… without authorisation,” the watchdog said. Money latest: New savings account likely to turn heads – but there’s a catch Mr Woodford founded W4.0 as an “investment strategy” community, according to his profile on LinkedIn. He has been approached for comment on the FCA’s claim, which is understood to relate to interaction with UK consumers. The W4.0 website says in relation to its work: “We exist to explain active investment strategies – with full transparency – so you can see what’s inside, why it’s there, and the thinking behind it. “We are not regulated by the FCA or any …








