Origo: Common declaration process 'could cut transfer time, cost by 80%'

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Trust-based schemes and third-party administrators (TPAs) should adopt a common declaration process in order to reduce time and cost of transfers by up to 80%, Origo says.

Adopting a single-signature consent model could cut costs and speed up requests for transfers in the at-retirement market, as well as enabling pot follows member transfers, the organisation said. ...

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