Time is of the essence for pension transfers, advisers say

iPipeline's September 2024 survey found that pension transfers are still taking too long, according to the 700 advisers included.  When asked, "on average, how long do pension transfers take from submission to confirmation?" 53% said one to six months, with an additional small but significant group - 4% - said it takes longer, six to 12 months. Less than half (43%) are experiencing transfers in four weeks or less, which iPipeline said indicates the pensions sector is still far too slow, leaving advisers and clients in "limbo for far too long". Advisers call for auto-enrolment minim...