Vanguard cuts charges on 25 funds as tracker price war hots up

The changes, which will come into effect from 1 September, will see Vanguard charge 0.08% for its UK equity index trackers. Earlier this month, Professional Adviser sister title Investment Week revealed providers were on the verge of responding to Fidelity's recent price cuts, and Vanguard's move puts it broadly in line with those charges: Fidelity's UK index tracker costs 0.07% on its own platform and 0.09% from other providers. Vanguard's global ex-UK tracker (at 0.15%) is now cheaper than Fidelity's World tracker (0.18% via Fidelity or 0.2% on other platforms), but Fidelity remains...