PensionBee petitions government on ten-day pension switch guarantee

The campaign forms part of the provider's ongoing push for modernised transfer standards and follows research highlighting the challenges facing consumers attempting to move their retirement funds between providers. PensionBee said that while bank account switching in the UK is now completed within a week, pension transfers can still take weeks or months to process, leaving savers uncertain about where their money is. PensionBee chief business officer UK Lisa Picardo said: "In 2025, people can switch their bank account in a week and send money instantly – so why are pensions still stu...