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Woodford fund customers ‘unable to leave Hargreaves’

Hargreaves Lansdown customers “locked in” the suspended Woodford Equity Income Fund allegedly have been prevented from transferring their account to rival investment platforms.

Richard Wilson, chief executive of Interactive Investor, the investment platform, said that several Hargreaves customers invested in Woodford’s fund had contacted it to complain about Link Fund Solutions, Woodford’s authorised corporate director, or ACD.

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