HL and Liberty SIPP still slowest on pension transfers - Origo

Typical transfer takes 9.2 days

Hannah Godfrey
clock • 2 min read

Hargreaves Lansdown and Liberty SIPP have again been named as the slowest two providers to move pensions through Origo's Transfer Service.

Data from Origo's Transfer Index suggested that, between 1 July 2018 and 30 June 2019, Hargreaves Lansdown took an average of 30.5 calendar days to transfer a pension. Liberty SIPP, meanwhile, was the second slowest provider, taking on average 23.2 days to complete a transfer. The news has come soon after Hargreaves Landsown head of policy Tom McPhail, who heads up STAR - a non-for-profit venture that aims to improve pension and platform switching processes - called upon CEOs to sign up to the service. https://t.co/xmGlB7Et4D Origo has published its latest transfer data from selecte...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Sounding the alarm: Facing the retirement reality check

Sounding the alarm: Facing the retirement reality check

'At the heart of the issue is a worrying lack of engagement'

Laith Khalaf
clock 17 June 2025 • 3 min read
Why we plan holidays, not retirements: Changing the client conversation

Why we plan holidays, not retirements: Changing the client conversation

'This is scary for us as an industry but even more scary for us as a nation'

Verona Kenny
clock 04 June 2025 • 4 min read
Inflation drives 'modest' rises in PLSA's Retirement Living Standards

Inflation drives 'modest' rises in PLSA's Retirement Living Standards

Majority of pre-retirees expect to live with someone else in retirement

Martin Richmond
clock 03 June 2025 • 8 min read