Hargreaves Lansdown remains slowest on pension transfers - Origo

NFU Mutual the fastest

Hannah Godfrey
clock • 2 min read

Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.

The latest Origo Transfer Index revealed Hargreaves Lansdown was the provider with the longest overall ceding performance, taking an average of 35.8 days to transfer a pension. Hargreaves has been consistently named as the provider to take the longest to transfer a pension, according to Origo's data. In April 2020, NFU Mutual was the fastest, with an average ceding time of 5.3 days. The Origo Transfer Index (OTI), which measures the transfer times of a group pensions and administration companies when ceding defined contribution pensions to another provider, showed average transfer tim...

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 Your profession

Feel Good Friday: Brooks Macdonald gives sports wellbeing advice

Feel Good Friday: Brooks Macdonald gives sports wellbeing advice

Wealth manager has partnered with charity Sporting Wellness

Professional Adviser
clock 03 May 2024 • 1 min read
Adviser guide aims to 'demystify' Consumer Duty annual reporting

Adviser guide aims to 'demystify' Consumer Duty annual reporting

Firms to produce first annual Consumer Duty board report

Sahar Nazir
clock 02 May 2024 • 1 min read
Behavioural coaching a 'tough sell' among prospective clients

Behavioural coaching a 'tough sell' among prospective clients

‘Clients overlook major sources of value from advisers’

Isabel Baxter
clock 02 May 2024 • 1 min read