Regular readers of my grumbling will know how frustrated I get with the language universally used by the industry.
The government seems to know the answer to the above question as it has commissioned a report/review into the area, but I still find myself a little confused by the concept.
In the past five to ten years, we have all become more familiar with behavioural economics, and the past few months has seen the launch of some funds using a strand of this through artificial intelligence (AI).
Does it feel like a decade since the global financial crisis (GFC) began? Has it actually ended yet? What are the lessons we have learnt in that time?
George Orwell once wrote that today's newspapers are tomorrow's fish and chip paper, and if he had lived in the digital age he might have included a lot of what is written on the web too.
Active funds' transaction fees have dropped by 20% since 2014
If the FCA gets its way and there is some form of price war to create more competition, what shape would it take? What is a competitive price?