Pension transfers: Transparency vital in push to raise standards

A glass half full for pension transfers?

clock • 3 min read

We know it’s possible for transfers not just to get faster but to be a better experience for advisers and, crucially, their clients, writes Anthony Rafferty

Are you a glass half full or half-empty kind of person? Years of facing the same stubborn issues and repeating well-worn arguments mean that, as an industry, I suspect most of us probably fall into the glass half empty camp. Pension transfers are one such topic that sparks a lot of debate. Some of the negativity around transfers is justified of course, thanks to a minority of pension providers out there still clinging to manual processes. But it is possible to shift this perspective to a glass half full, with our recent data showing that by far most transfers in the pensions industry ...

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

IFAs 'have role to play' in tackling 'blissful ignorance' around pensions

IFAs 'have role to play' in tackling 'blissful ignorance' around pensions

Advisers must ‘open people’s eyes to the reality’

Isabel Baxter
clock 16 June 2025 • 4 min read
We need to work together to tackle pension overconfidence

We need to work together to tackle pension overconfidence

'Clients may assume they're on the right track simply because they're paying into a pension'

Ahmed Bawa
clock 13 June 2025 • 4 min read
Pension freedoms have delivered flexibility in the last decade 'at a cost'

Pension freedoms have delivered flexibility in the last decade 'at a cost'

Consumers value choice but are aware of risk of running out of funds

Jasmine Urquhart
clock 12 June 2025 • 2 min read