Hargreaves Lansdown has dropped its platform fee on the Woodford Equity Income Fund while the fund's dealing is suspended, effective immediately.
The firm said it was putting "pressure" on Woodford Investment Management to do the same, adding it was in contact with the firm and its platform investors. FCA 'in discussions' over Woodford's unquoted Guernsey listings It follows reports that St. James's Place has dropped Woodford Investment Management and replaced it with RWC Partners and Columbia Threadneedle for the management of its suite of funds. Hargreaves Lansdown shares are down by 5.47% at time of writing (5 June, 5:00 p.m.). Woodford Equity Income: How we got here Emma Wall, head of investment analysis at Hargr...
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