starting again, what platform to use to keep 20 year cost down

Alexland

wolves1976 said:

@alexland, can you advise if this is the right ETF you hold on Fidelity 
https://www.fidelity.co.uk/factsheet-data/factsheet/IE00B4X9L533-hsbc-etfs-plc/charges-and-key-documents
you also mentioned it was FSCS protected, how doesn one find out how it is protected?  any link you can point me to?

That link is to HMWO which is the one we hold in the smaller SIPP with the cheaper Vanguard VEVE in the bigger account. They both track a World index (ie missing the circa 10% Emerging Markets you would find in an All World index).
ETFs are never FSCS protected but the HSBC All World index fund I mentioned is because normal OEIC / Unit Trust funds are considered financial services compared to ETFs which are structured like a traded company share and as we know companies can go bust although its unlikely with a reputable asset manager.
Alex

Albermarle

TBC15 said:

wolves1976 said:

TBC15 said:

How did you manage to upload a transfer request, when I looked this was not one of the forms you could upload.

I’m 6 weeks into a SIPP in drawdown in cash transfer.

If it had happened in the 5-10 working days I would be about £7500 in pocket. As it is I’m still in cash and waiting.

hi,  when i started the quest from Fidelity , signed the form and posted, i also scanned it and uploaded it.   (with vanguard a few weeks ago i only scanned the required forms to save me going out the house) 
you are right, it does not list as a form you can upload from the choice of drop downs . i picked 'pensions regular savers amended form'  and uploaded.
i also sent a secure message.
i did get an message today (5 days after uploaded) saying i needed to post the hard copy - which i responded back that i had on Tuesday via RMail.
my post was cash with VG and cash into Fidelity, so maybe just a quicker process? 
what will you be investing it in when it comes across?

Sitting in cash for 7 weeks. Good news I cashed in Fundsmith, no change. Bad news I was going to buy Smithson, it's up 5%.

Seems to be taking a long time.
I have done several transfers to Fidelity
From Aviva - two days 
From SW - two partial and one full - two weeks max
In all cases the pensions were invested in Funds , but transferred in cash ( Aviva and SW cashed in the funds necessary) 

[Deleted User]

Hi all & @alexland, I am very new to investing, and would be most grateful if you could please offer some helps on some of my queries below:

Year 1) Open a S&S isa with iweb this tax year (£25) and make a one off contribution to the HSBC FTSE All-World accumulation fund (£5+OCF 0.13%)

Year 2) Open a S&S isa with Vanguard (platform charge 0.15% & OCF) on e.g: 6 April 2021, and then transfer my investments to Iweb (Free)?

When the transfer shall take place? Will transfer in to iweb be seen as subscribing to TWO S&S Isa within the same tax year?

Will I be able to continue to invest using Vanguard after the transfer? Again, will this be seen as subscribing to two s&s isa within the same tax year?

Is it possible to keep Vanguard opened after the transfer with £0.00 balance in the Vanguard account (&£0.00 running cost)? And then invest using Iweb? Still the same question, will this be seen as subscribing to two s&s isa within the same tax year? 

Many thanks!

Alexland

Unsure what you are trying to achieve but if you are in a position to make a single lump sum contribution each tax year then investing via iWeb with a single £5 trade is probably the easiest option. 
If you had an account with Vanguard then they would only let you invest in their products which isn't any good if you really want to invest in that HSBC fund. As such if you transferred a Vanguard account into iWeb it would cost you £5 to sell the unwanted Vanguard fund and another £5 to buy the HSBC fund. If you transferred your entire Vanguard account into iWeb they would probably close it and you would have to open another one next tax year.
Alex

DireEmblem

Go for trading212 and switch your ETFs every year to take advantage of the 12k free capital gains outside your isa.