Vanguard prepping to enter UK advice space

Early stages of development

Sophie King
clock
“We are committed advocates of the value advisers add and will continue to invest in the services and support we provide to traditional investors" - Vanguard's Sean Hagerty.
Image:

“We are committed advocates of the value advisers add and will continue to invest in the services and support we provide to traditional investors" - Vanguard's Sean Hagerty.

US fund manager Vanguard is exploring the possibility of entering the UK advice market after it was granted Financial Conduct Authority (FCA) approval to provide investment guidance.

In an email sent to clients on Thursday morning (9 January), Vanguard head of Europe Sean Hagerty said the firm was exploring the launch of a direct to consumer financial advice offering in the UK...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment

Justin Onuekwusi

Justin Onuekwusi promoted to head of retail investments at LGIM

Retains management duties

James Baxter-Derrington
clock 27 January 2022 • 1 min read
The Federal Reserve

Federal Reserve holds interest rates while signalling hike in March

Confirms QE will end in March

clock 27 January 2022 • 3 min read
Under the terms of the acquisition, RMG shareholders will be entitled to receive 0.07392 AssetCo new shares for each RMG share they hold.

AssetCo agrees River and Mercantile takeover

R&M shareholders to own 41.6%

James Baxter-Derrington
clock 25 January 2022 • 2 min read