FCA finds mishandling of equity income fund in Woodford case
Link Fund Solutions (LFS) failed to act with due skill, care and diligence in its management of the Woodford equity income fund (WEIF), according to findings published by the Financial Conduct Authority (FCA).
The FCA found that between 31 July 2018 and the fund's suspension on 3 June 2019, LFS failed to manage the liquidity of the fund - or h...