Average pension transfer took just 11 days at tax year-end

Origo says transfer times decreased around tax year-end with half taking seven days or less

Jasmine Urquhart
clock • 2 min read

The average pension transfer took only 11 days in the lead up to the end of the 2024/25 tax year, data from Origo revealed.

The firm's Transfer Index tracks transfer times of nearly 30 volunteer participants from the industry, covering almost 80% of defined contribution transfers, and 90% of all completed transfers for the tax year. It measured more than £57bn in transfer volumes for 1.4 million transfers for the year to 31 March 2025, with levels similar to the 10.5 day average transfer time for the year to the end of December 2024, before the tax year end. The firm's index also found half of all transfers were completed in seven days or less at the tax year-end, according to the data. Origo also found ov...

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 Pensions

Why commercial property is much more than a self-invested pension asset

Why commercial property is much more than a self-invested pension asset

'It's perfectly understandable that clients can become emotionally invested in a commercial property'

Caitlin Southall
clock 08 August 2025 • 4 min read
TPO lays out three-year roadmap to tackle rising demand

TPO lays out three-year roadmap to tackle rising demand

The Pensions Ombudsman reveals plan to tackle challenge of demand outstripping capacity

Jonathan Stapleton
clock 31 July 2025 • 3 min read
Andrew Tully: The time is right for far-reaching state pension debate

Andrew Tully: The time is right for far-reaching state pension debate

Essential we get cross-party support to any changes, rather than get involved in any political ping-pong'

Andrew Tully
clock 21 July 2025 • 4 min read