We have had a number of concerned people enquiring about whether they have exposure to Neil Woodford’s funds given recent news that he has suspended the Woodford Equity Income fund. Investors in this strategy have also unfortunately lost 19.5% in the last 12 months.

We can confirm we have no clients in Woodford funds as they had not met the rigorous manager selection process and risk assessments used by the firms we are able to recommend (such as Morningstar Managed Portfolio Services, SEI) who specialise in investing in the best managers in the world to improve your chances of meeting your savings objectives.