No pension transfer should take longer than six days - TISA

It's TISA Exchange (Tex) club - which focuses on personal pension transfers - will aim to complete moves within the six day timeframe by the end of the year. It's said the organisation would remain focused on personal pension transfers at present but "in time" it could be extended to cover workplace pensions, improving the transfers necessary for pot to follow member. The club is a group of transfer providers which have agreed a set of service level agreements for the re-registration of pension assets. Providers involved include Origo, Calastone, Altus, Euroclear and Actuare. The c...