Providers backlogging pension pot access

Hope William-Smith
clock • 1 min read

Access to the pensions savings of three quarters of savers is often restricted for more than a month, PensionBee research finds.

Research from the online pension provider found a further third (32%) wait one to two months, while 14% could not access funds for five months or more. A total of 19% of respondents said a "comp...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Restore Britain criticises 'hijacking' of private pension investment

Restore Britain criticises 'hijacking' of private pension investment

Economic plan reveals the party would scrap the triple lock

Alex Levy
clock 04 August 2026 • 1 min read
The benefit of M&A expertise on trustee boards

The benefit of M&A expertise on trustee boards

Palwinder Hare says trustees with M&A experience can bring strategic value to boards

Palwinder Hare
clock 04 August 2026 • 2 min read
Government making pension changes 'for change's sake'

Government making pension changes 'for change's sake'

PP survey respondents say while some reform is positive, there is ‘still much more’ to be done

Holly Roach
clock 04 August 2026 • 1 min read
Trustpilot