Passive price war: Five of the most expensive UK equity trackers

In a market which constantly seems to be pushing price down, there are nonetheless a few providers which continue to charge top dollar for their trackers, seemingly ignoring the rise of low-cost providers such as Vanguard and the like. Vanguard and new rivals such as Fidelity Worldwide Investment have reduced the cost of investing in vanilla trackers such as UK equity index funds to as little as 8bps, but on the other side of the spectrum there remain a number of UK equity index trackers which charge in excess of 1%. Adam Laird, passive investment manager at Hargreaves Lansdown, said:...