Opening a s&s ISA with Vanguard?

webjaved

You'll love using Vanguard.

dave_hendy

webjaved wrote: »

You'll love using Vanguard.

Is it best to pay the fees separately or have it coming out of the fund??

Alexland

The 0.22% fund management fee is automatically deducted from within the fund valuation so is for information only.

The 0.15% platform fee can be collected by direct debit or the account cash balance (and if there is insufficient they will sell down some fund units to cash for you automatically). It's down to personal preference but obviously if you pay by direct debit the investment will be bigger at the end.

Alex

easterbunni

dave_hendy wrote: »

Is it best to pay the fees separately or have it coming out of the fund??

Best to pay separately so you don't lose allowance. I have divi paying funds/ETFs in my general account that effectively pay the fee without it being taken out of the ISA

dave_hendy

I’ll change it tomorrow to take the money from my bank account, it set up automatically to take it from the isa.

dave_hendy

dave_hendy wrote: »

I’ll change it tomorrow to take the money from my bank account, it set up automatically to take it from the isa.

I have changed this to my bank account

Jrose1927

I've also just signed up with vanguard life strategy 60

Initial lump sum then 100 a month

Aminatidi

Do you have to send Vanguard any documents or paperwork or is it all done online?

Jrose1927

Done mine online didn't take long maybe 10 mins max

Alexland

Aminatidi wrote: »

Do you have to send Vanguard any documents or paperwork or is it all done online?

Some tasks such as requesting an ISA transfer from another provider require printed signed forms.