Transferring from HL to Vanguard

Sensory

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?

eskbanker

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

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

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.

Swipe

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

Has anyone gone from Vanguard to iWeb in cash within S&S ISA, who can advise how long it took to move over?