Fund manager Vanguard is to axe its low-cost Financial Planning arm which was launched in April 2021.

Fund manager Vanguard has today launched two model portfolio ranges called Vanguard LifeStrategy MPS Classic and Vanguard LifeStrategy MPS Global with ‘all-in’ costs between 0.21% and 0.33%.

Fund manager Vanguard has reported a surge in younger investors in the UK.

Seven digital advice businesses have joined forces to push the benefits to consumers of digital advice over traditional advice.