Vanguard cuts UK home bias on £52bn LifeStrategy range and lowers fees

Vanguard’s LifeStrategy offering will be undergoing a range of developments due to be implemented over the next six months, it confirmed today (22 January).
These include fee reductions across the LifeStrategy mutual fund range, the LifeStrategy Classic model portfolio service (MPS) range, and the LifeStrategy Global MPS range.
Vanguard will also update its asset allocation for the LifeStrategy mutual fund range and the LifeStrategy Classic MPS range.
In addition, a new range of LifeStrategy Global mutual funds will be launched. 
Fee cuts across the LifeStrategy mutual fund and …