S&S ISA Transfer Advice

Firstly is there any reason you are not using a Pension or Lifetime ISA (if under 40) to invest for retirement as these are likely to be more efficient? S&S ISAs only have a role in retirement planning if you intend to retire before the age at which you can access a pension or require access to large lump sums in retirement that would be inefficient to draw from a pension as it would put you into a higher tax band.

In terms of whether LTGE & Fundsmith on HL or a direct investment in a Vanguard fund will perform better over the long term nobody knows for sure but my view is that LTGE & Fundsmith are in a sweet spot for current market conditions (similar to other active funds before them that people no longer talk about) and that is unlikely to continue forever.

I would never forget about an investment but there is an art to reviewing and considering it but still not making changes unless there is a very good reason. You would also want to derisk as you get closer to withdrawal.

Alex

Obviously it depends on circumstances but generally contributing more into a pension should be a more efficient way of accumulating wealth for retirement than using S&S ISAs. It can be particularly advantageous if you are paying higher rate tax and/or your employer operates salary sacrifice to also save the national insurance.