One of Woodford Equity Income fund’s most successful holdings has been accused of misleading financial reporting.
Scottish Mortgage has knocked Woodford Patient Capital off the top spot, to reclaim its crown as the most popular investment trust among customers of interactive investor.
Similar investment scams on Instagram have cost unsuspecting victims more than £3 million.
New research from the City Watchdog shows the financially savvy are as vulnerable as anyone else to pension-focused scams.
The gold price is shining and private investors are turning bullish on the yellow metal, so we weigh up the pros and cons.
Proposals from the government that consider changing the pension taper rule for doctors - but leave the rules the same for other high earners - have been widely criticised.
The investment trust was put ‘under review’ in June following the suspension of the Woodford Equity Income fund.
The Financial Conduct Authority (FCA) has been criticised for having only 10 people working on pension scams.
Veteran politician Frank Field has called on the government to ‘shine the searchlights’
The picture would have been even bleaker if the pound had not slumped over the period.
The Bank of England is caught between poor economic growth and the threat of inflaiton overshooting its 2% target.
Central banks usually lower rates when there is evidence of a downturn in the economy.