What ACTION to use ?

I vote vanguard, nicer factory trigger if its the series 2 and 3-position safety. Then again I'm not a fan of Remington stuff especially anything newer.
 
You need to sell those and get a decent pre-64 Model 70. A commercial FN Mauser would be even better. This is if you are wanting a serious rifle.
 
The .416 Taylor was made for a standard length FN Mauser... an old classic action for a modern classic cartridge.... but of the two actions you mention - the 700 over the Vanguard.
 
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