Part 6/7:
Invest Engine has announced enhanced offers for new customers, particularly those transferring from Vanguard, showcasing the competitiveness of alternative platforms in the face of Vanguard’s fee changes. This situation leads to an intriguing predicament where accessing Vanguard funds may be cheaper through other platforms.
Conclusion: A Call for Awareness
As Vanguard transitions to a new fee structure, it’s vital for current and prospective investors to recalibrate their understanding of these changes and their implications. For many, especially those with smaller portfolios, it may be prudent to reconsider their choice of platform in light of the new costs.