HL and Liberty SIPP still slowest on pension transfers - Origo

Typical transfer takes 9.2 days

Hannah Godfrey
clock • 2 min read

Hargreaves Lansdown and Liberty SIPP have again been named as the slowest two providers to move pensions through Origo's Transfer Service.

Data from Origo's Transfer Index suggested that, between 1 July 2018 and 30 June 2019, Hargreaves Lansdown took an average of 30.5 calendar days to transfer a pension. Liberty SIPP, meanwhile, was the second slowest provider, taking on average 23.2 days to complete a transfer. The news has come soon after Hargreaves Landsown head of policy Tom McPhail, who heads up STAR - a non-for-profit venture that aims to improve pension and platform switching processes - called upon CEOs to sign up to the service. https://t.co/xmGlB7Et4D Origo has published its latest transfer data from selecte...

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