Hi. I want to transfer my ISA from Hargreaves. My current holding are Vanguard life strategy (which you don’t have). What is the most efficient way for me to transfer? I’d like to buy an ETF like VWRP or even one of the managed folios? I want to minimise how long I’m out the market.
Would it be easiest if I sold my holdings on HnL and bought an ETF before, so that I could do in specie? This would come with a cost is all…
Thanks Tom. What I’m trying to establish is how long I will be “out the market” if I do what you did. If it’s more than a day or two I would prefer to shift around my HnL holdings into ETFs then make the switch in specie…anyone else know the protocol?
I can’t speak for specifically HL-IE but from past experience with other providers, it’ll almost certainly be more than a day or two in cash. So if you want to minimise the time out of market, what you suggested might be best - switch to an ETF and then an in-specie transfer.