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Transferring from HL to Vanguard

If my only holding is Vanguard FTSE Global All Cap Index Acc, do my investments remain in the market during an account transfer (S&S ISA) from HL to Vanguard?

Comments

  • eskbanker
    eskbanker Posts: 35,261 Forumite
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    Sensory said:
    If my only holding is Vanguard FTSE Global All Cap Index Acc, do my investments remain in the market during an account transfer (S&S ISA) from HL to Vanguard?
    If you want them to, but transferring holdings in specie can take way longer than you might expect (months rather than weeks). 
  • Sensory
    Sensory Posts: 497 Forumite
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    eskbanker said:
    Sensory said:
    If my only holding is Vanguard FTSE Global All Cap Index Acc, do my investments remain in the market during an account transfer (S&S ISA) from HL to Vanguard?
    If you want them to, but transferring holdings in specie can take way longer than you might expect (months rather than weeks). 
    I think as long as I remain in the market it’s not a concern for me, as I have no intention of making any changes or further contributions until the next tax year.
  • barnstar2077
    barnstar2077 Posts: 1,568 Forumite
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    edited 6 June 2020 at 8:40AM
    I asked Vanguard what was the most efficient way to transfer a pension, cash or fund, and they said that it wouldn't make a difference time wise.

    They did advise letting HL know that I was doing the transfer though as that may help.  Of course, they also said that because of covid it may take longer than usual.  I decided to leave it till next year and just add any new funds to a new SIPP on Vanguard for now.
    Think first of your goal, then make it happen!
  • Swipe
    Swipe Posts: 5,470 Forumite
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    With Vanguard, length of transfer time all depends on the external platform you are transferring in from. For example, I just had two Santander ISAs transfer in within 10 days but I have a Nationwide transfer that is still in progress after 4 weeks.
  • Alistair31
    Alistair31 Posts: 970 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Has anyone gone from Vanguard to iWeb in cash within S&S ISA, who can advise how long it took to move over? 
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