Relatively small Vanguard S&S ISA; where to move to now?

[IndustrialActionAhoy]

I've got a relatively small Vanguard S&S ISA, so I'll be hit disproportionately by the change to their fee structure.

I chose the FTSE Global All Cap Index fund, and this has done well recently - I currently pay in £150/month. I just wanted to set this up and forget about it!

Id probably like a reasonably well established platform, and the same or a similar fund. I know I can read around etc. (and I will), it's just that I thought I'd done that a year or so ago, and that I could relax for a while.

Does anyone have any comments or pointers?

Oops, can't edit on the app 😄.

I'm going to keep investigating, and will probably wait for that before I make any big decisions.

I could put in a lump sum instead if this makes more sense.

Bleeding in more gradually is generally recommended to reduce the effects of bumps in the market. Obviously needs to be balanced against fees but I'd be a bit cautious about putting in a lump now when the markets are (last time I looked!) pretty high.

Yes, take your time to investigate as not all platforms will offer the same funds (such as the Monzo example in the Donegans’ article.)

Time in the market more important than timing the market, over the long term, so if you’ve got a lump sum get it in rather than drip feeding.

Transfer your Vanguard ISA to Trading 212 and go for a similar fund to what you have now e.g. Vanguard FTSE All World Acc (VWRP). You'll still pay the fee for the fund itself but no annual charge.

Placemarking, I am interested but haven't a clue

I didn't think the S&S ISA was affected? Just the SIP and other investments. My email said the management fee for the ISA was going down.

I was confused about that @StarMincePies but it's the managed ISA fund where the fees are going down, but probably most of us smaller investors have a self-managed one, so on this page it gives the lifestrategy funds as an example of a self managed where fees are increasing www.vanguardinvestor.co.uk/what-we-offer/fees-explained/changes?cmpgn=ET1224UKPATAC1104EN

I’ve moved from Vanguard to Trading 212 and very happy.

Aha @KnutsfordCityLimits - that's useful. Mine is in a passive tracker fund but I suppose that counts as managed.

Are investors still complaining about low returns from Wealthify, in reviews?

Ooh I don’t know. My all time return has been >11% anyway.

No.
Managed funds are actively managed, passive funds follow the market.

The tables here:

https://monevator.com/compare-uk-cheapest-online-brokers/

may be useful.

Bugger! I only transferred to Vanguard from Wealthify a couple of months ago. I have the Lifestrategy 80% Equity fund with about £3k in it, should I move it?

Oh well I'm even more confused then as my email definitely says the % fee is reducing - not changing to the £4 minimum etc fee.

I'm in the same boat. Very annoying as I transferred my child's isa recently too, back to the drawing board.

I found this guide useful:
pickafund.com/pages/choosing-the-best-investment-platform

From my own perspective - Vanguard is still a viable, fairly cheap option even for smaller amounts below the £32K affected by the changes.

Transparent fee structure; easy to navigate platform; products are straightforward and streamlined. Comparing one fund or EFT with another is easily accomplished. No transfer fees, exit fees, performance fees or foreign exchange charges.

Experience with other platforms - impact of fees are less easy to assess, particularly if making regular payments into the investment, or if you decide to switch or cash in your investment.
There can be unwelcome hidden surprises further down the line...
For instance, if the platform charges FX fees (platforms such as Trading 212), the impact of those fees might not become apparent until you have invested over several years and your investment has grown substantially and you want to sell or cash it in.

I've still no clue what to do.

That one is fine, isn’t it? The changes don’t affect junior ISAs. My kids both have S+S junior ISAs with Vanguard, invested solely in the FTSE Global All Cap fund that OP has referred to, and have had a 37.5% return since early 2022, so definitely worth it IMO!

Yeah I dunno what to do either. I might just massively up my investments and see how I get on but I had wanted to dip my toe in for a while first really. I think probably the best thing will be to dunk some cash in and then increase my investments fairly sharpish, as everything looks expensive in comparison once you get over say about 15k. That's only from a vague Google though.

I've just withdrawn my S&S and think I'm going to buy Bitcoin.

Apt username!

OK, I'm not doing this 😄.

Which is best to open now for small amounts! I want to open one with 2k and they make regular £50 deposits. I was going to go with a global fund. Any recommendations?