Lack of focus delaying pension transfers, Origo CEO warns

Advisers share months-long delays as PensionBee’s petition calls for ten-day transfer guarantee

Sahar Nazir
clock • 6 min read

Pension transfers could be completed far faster if providers gave the process “the focus and resources it deserves”, as advisers continue to report delays and client frustration.

Speaking to Professional Adviser, Origo CEO Anthony Rafferty said that most transfers are already completed well within days, but argued that "transferring pensions is not a complicated thing, it's a simple software solution". He said he believes the main challenge lies in "a lack of focus" from some providers rather than any technical limitation. PensionBee calls for legally enforceable ten-day pension transfer guarantee PensionBee's national petition, launched earlier this year, calls for a legally enforceable ten-day pension transfer guarantee to prevent clients being left in limbo ...

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Sahar Nazir
Author spotlight

Sahar Nazir

News Editor at Professional Adviser

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