Before I begin, let me state the bleedin' obvious: any chance of a commission cap in financial services is dead. Gone. Dust.
This is partly (stress: partly) because of a ban on commission as part of the retail distribution review, but also because the Office of Fair Trading (OFT) would never allow it. So why am I discussing...
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress