The Rise and Fall of Neil Woodford
In a recent episode of Adviser 3.0 The Podcast, Abraham Okusanya speaks with Owen Walker, award-winning business journalist at the Financial Times. Owen shares his insights into the career of Neil Woodford, once hailed as Britain’s star fund manager before the dramatic collapse of his investment empire.
FCA Loopholes and Industry Oversight
The conversation examines the loophole within the Financial Conduct Authority (FCA) regulatory framework that allowed Woodford’s investment model to grow unchecked. Owen highlights how gaps in oversight contributed to the scandal and what lessons advisers can draw from this high-profile case.
The Role of Journalists and Market Hype
Owen also reflects on the role of financial journalists and media coverage in fuelling hype. He explains how narratives can sometimes overshadow underlying risks, reinforcing the importance of advisers conducting evidence-based analysis before recommending investments.
Unanswered Questions and a Potential Comeback
Two years on, key questions about accountability and investor protection remain unresolved. The discussion also touches on Woodford’s potential comeback, raising important considerations about reputation, trust, and the resilience of investor memory.
Owen Walker’s Personal Approach to Retirement
Finally, Owen shares how he is saving for his own retirement, giving advisers an insider’s look at how a financial journalist applies industry lessons to his personal future planning.
Why Advisers Should Listen
For financial advisers, this episode offers essential takeaways on regulation, risk assessment, and client communication. It is a timely reminder of the importance of transparency, due diligence, and learning from past mistakes.
To hear the full conversation, tune in to Adviser 3.0 The Podcast or explore more resources on Timeline.
