Welcome to This Is Money. I'm Georgie Frost and alongside me and editor Simon Lambert today is Assistant Editor Lee Boyce.

And as the Woodford Empire finally comes toppling down, we ask what next for investors and what lessons will be learned.

Also today, what is a comfortable retirement? Can you afford one?

Do you get rare coins in America too? And

undercooking your car insurance mileage, but are you still covered? Don't forget you stay up to date

with all the latest breaking money news. Just go to this ismoney.com.uk. Or download the app. But first,

that's it. It's all over. The star has finally collapsed. Neil Woodford's been

sacked, his funds wound up, including his flagship equity income fund, which at its height,

remember in 2017, had a value of over £10 billion. Now fast forward to June this year,

and it had reportedly sunk to to just 3.7 billion.

Investors fled, and savers were stopped from getting at their cash.

So finally the decision was made to pull the plug.

But the question is, what now for investors, what now for the star stock picker,

and for the industry as a whole?

So Simon briefly remind us, what the heck went wrong? for the star stock picker and for the industry as a whole.

So Simon briefly remind us, what the heck went wrong?

So, Neil Woodford, who he, for any listeners who have been camping out under a rock,

ignoring such sagas as Woodford and the word that we will not mention.

He is Britain's most famous fund manager.

Britain's most famous fallen fund manager now. I was going to say, yeah. In the past,

it was for a good reason. In the past, it was for a good reason. When Neil Woodford was in Vesco perpetual, he showed exceptional stock picking skills. He delivered a return to investors that if

you put £1,000

...