Gosling's Grouse: The cost of investing

Of course, we have not done away with new, cheaper share classes, and it surely will not be long until no-load funds become more widely offered/used in the UK. But we will save all that for another Grouse. What we have moved on to is the cost of ownership. Daniel Godfrey has done a good job in his first year in the hot seat at the IMA trying to generate a more rational debate about the cost of investing. He has done well despite the efforts of the disingenuous True and Fair campaign, and others with a self-interested agenda. It is not a groundbreaking statement to suggest the indus...