Neil Woodford needs permission to set up new firm, says FCA

City regulator is still investigating collapse of fund manager’s previous business The City watchdog has said that the one-time star investment manager Neil Woodford, whose funds were shut down in 2019, still faces the outcome of a regulatory investigation over the collapse and will need authorisation ahead of his plan to return to the investment management business. In a highly unusual step, issuing a public statement about an individual’s business plans, the Read full story