Average pension transfer takes ten working days, Origo finds

Origo says long wait times for transfers ‘not indicative’ of the market

Martin Richmond
clock • 2 min read
Average pension transfer takes ten working days, Origo finds

The average time taken for a pension transfer to be completed in the last 12 months was around ten working days, research from Origo has shown.

Data from the fintech's Transfer Index, which analysed data from 28 providers, found for the 12 months to the end of June this year, the average time for a pension transfer took 13.6 calendar days ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

PPF Purple Book, MNRPF longevity swap, TPR updates DB covenant guidance

Professional Pensions
clock 06 December 2024 • 1 min read
PPF Purple Book highlights DB funding improvements, but warns 'risks remain'

PPF Purple Book highlights DB funding improvements, but warns 'risks remain'

19th edition of PPF’s Purple Book shows funding improvements across the DB landscape

Holly Roach
clock 05 December 2024 • 4 min read
DWP urged to amend regulations within pension scheme annual reports

DWP urged to amend regulations within pension scheme annual reports

Organisations say additional information makes annual report ‘unreadable’ to members

Holly Roach
clock 05 December 2024 • 1 min read
Trustpilot