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The Morning Briefing: Vanguard s advice offering; Woodford s payout

19 th April 2021 8:59 am Good morning and welcome to your Morning Briefing for Monday, 19 April, 2021. To get this in your inbox every morning click here. Positive disruption? Vanguard has entered the financial advice market. We knew it was on the cards but now the moment has arrived. Vanguard Personal Financial Planning is aimed at UK retirement savers with more than £50,000 invested on the firm’s platform. It will have an “all-in cost” of 0.79 per cent, which will include the advice fee plus ongoing fund charges, transaction costs and platform costs. Boring Money chief executive Holly Mackay describes the launch as “genuinely disruptive, in a positive sense”.

RUTH SUNDERLAND: Is PensionBee a honeypot?

Many people take an ostrich-view of their pension and adopt a position of inertia Romi Savova had the idea to set up PensionBee in 2014 because of her frustration at trying to transfer an old company pension when she changed job PensionBee is floating on the stock market, with a value of between £346m and £384m, making Savova s stake worth around £140m on paper

RUTH SUNDERLAND: Is PensionBee a honeypot?

RUTH SUNDERLAND: Is PensionBee a honeypot?
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Dog owners face a costly postcode lottery for pet insurance

It comes as vet bills and reports of dog thefts have soared during the pandemic Average pet insurance premiums are cheapest in Northern Ireland and most expensive in London; also big differences between postcodes in same regions In Ilford, east London, a French bulldog costs an average of £1,179 a year to insure. But in Barnes, south-west London, it is almost three times less at £397

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