Origo hits 4 million transfers as ceding times decrease

700,000 transfers in 12 months

Hannah Godfrey
clock • 1 min read

The number of pension transfers through the Origo Transfer Service has passed the four million mark, while transfer times have fallen overall.

Since its launch in 2008 there has been more than four million transfers through the Origo Transfer Service. In the 12 months to 30 September 2019, 730,305 transfers were completed - a 26.5% rise in transfer volumes on the previous 12 months. Elsewhere, data from Origo's Transfer Index, which tracks the transfer performance of providers in the pension market, has shown a steady decrease in the overall average pension ceding time. It has dropped from 9.3 calendar days for the year to 31 March 2019 to 8.9 calendar days for the year to 30 September 2019. In July, Hargreaves Lansdown and ...

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