Neil Woodford's refusal to budge over fund fees is breathtaking | Nils Pratley

Management charges will continue even though unit holders cannot access their investments
The song remains the same from Neil Woodford. The gates will remain closed on his Equity Income Fund, meaning unit holders still can’t access their investments. But management fees will continue to be charged because Woodford’s operation still has overheads to cover.The tin ear on fees is extraordinary. The chief executive of the Financial Conduct Authority, the chair of the Treasury select comm