Average pension transfer times have fallen since the start of the new tax year, research from Origo has shown.
The latest data from the firm's Transfer Index found simpler pension transfers took an average of 10.8 days to be completed during the period between the end of the last tax year and into early summer. Origo said these simple transfers, which related to a company's performance where they have more control over the process for straightforward pension assets moving away from their business, accounted for nearly 90% of all transactions and more than half of them were completed in six working days or less. Origo's index revealed the figures for the 12-month period from 1 July 2024 to 30 June...
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