But Ms Mackay said the scandal around Woodford had spurred many platforms into action and there was no link to the latest development.
She said: "Hargreaves Lansdown has made some mistakes, but there are baying hounds out to get them and trying to make this [Lindsell Train removal] into a big deal.
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"I don’t think there has been any impropriety, but in the current climate no one wants to take those kinds of risks, so they are going through funds and their holdings with a fine-tooth comb."
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