The Vanguard game-changer?

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Back in 2000, the launch of Fidelity's FundsNetwork platform in the UK was seen as a sector shake-up event; prompting fund groups to unveil challenger Cofunds a year later and kick-starting the development of the platform industry in this country.

Now, another American giant has put the cat among the pigeons once again. Last week, Vanguard unveiled its direct-to-consumer (D2C) platform for UK customers, providing a lower-cost way to access the...

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