Looks like it’s game over for cash rebates and the last surviving refuges where small passive investors are spared the pain of significant platform charges. Within a year, we’re going to be choosing from clean class funds with slimmed down OCFs1 (Hooray!) while paying beefed-up fees for our platform / fund supermarket / execution-only brokers (Hiss!). […]

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Good reads from around the Web. The tensions between inequality, meritocracy, communism and the incentives of capitalism have been endlessly debated over the years. But for too long capuchin monkeys were denied their say. This injustice was corrected by research showing that the little fellas react just as angrily to inequality as any Occupy protestor […]

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I am not immune from the gambling instinct. Many years ago I opened a spreadbetting account and had a go at day trading. I was thrilled when the blinking lights of the trading platform flashed green, and less so when they turned red – though losing money only doubled my resolve! And there, in a […]

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What was an incident now appears to be a trend. Banks are refusing to work with Bitcoin businesses…It would seem out of fear.  In the latest example TransferWise, a business that offers low fee international money transfers, has announced that they will no longer be processing transfers to Bitcoin exchanges as their banking providers are […]

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