Vanguard steps up price war in time for ISA season

clock

US passives giant Vanguard has cut prices on two of its core UK trackers, following the removal of stamp duty on funds.

The group is dropping the entry costs for investors in two of its UK equity funds, bringing the dilution levy applied to new investors down from 0.5% to 0.4%. The changes come after the Stamp Duty Reserve Tax (SDRT) rules were altered in the 2014 Budget. The group said: "Following the UK government's announcement regarding the partial abolition of SDRT affecting UK unit trusts and open ended investment companies (OEICS), Vanguard has lowered the SDRT charge on the Vanguard UK Equity Index Fund, the Vanguard UK Equity Income Index Fund, and the Vanguard FTSE UK All-Share Index Unit Tru...

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 Investment

Muted response as Labour names Grimsby Town FC co-owner next investment minister

Muted response as Labour names Grimsby Town FC co-owner next investment minister

After the sudden exit of Poppy Gustafsson last week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Hargreaves Lansdown and Schroders to launch double LTAF offering

Hargreaves Lansdown and Schroders to launch double LTAF offering

From next week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Darius McDermott: Complacency at the peak

Darius McDermott: Complacency at the peak

'Markets to hit new highs, while credit spreads are at multi-decade lows'

Darius McDermott
clock 08 September 2025 • 5 min read