Gosling's Grouse: The cost of investing

It seems we have now seen the back of clean and super clean share classes, which is a relief as it was very tedious...

clock

It seems we have now seen the back of clean and super clean share classes, which is a relief as it was very tedious and did little to further the general discussions about the value the asset management industry provides.

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

P1 Platform halves drawdown fees to ease cost pressures on advisers

P1 Platform halves drawdown fees to ease cost pressures on advisers

Enabling firms to extend advice and investment services to a broader range of clients

Sahar Nazir
clock 11 November 2025 • 2 min read
Advised platform AUM tops £711bn in Q3 with new business hitting 'all-time highs'

Advised platform AUM tops £711bn in Q3 with new business hitting 'all-time highs'

Headed towards a ‘record-breaking year’

Jenna Brown
clock 06 November 2025 • 2 min read
Embark 'working to resolve delays' after advisers flag transfer backlogs

Embark 'working to resolve delays' after advisers flag transfer backlogs

One client was unable to complete £400,000 pension transfer for over two months

Sahar Nazir
clock 03 November 2025 • 3 min read