News
Pension transfer times reach two-year low – Origo Transfer Index
PensionBee said the milestone reflected progress in digital pension transfer processes, although inconsistencies across the market remain.
Pension Transfers
News
Pension transfer system ‘not fit for purpose’, industry report warns
The report, commissioned by firms including AJ Bell, Freetrade, Hargreaves Lansdown, Interactive Investor, J.P. Morgan Personal Investing, Moneybox, Monzo, PensionBee and Vanguard, called for the statutory transfer deadline to be reduced from six months to 30 working days.
News
Pension transfers average 10.2 days in 2025 – Origo
More complex transfers, which require information from third parties, averaged 11.4 days, compared to 12.3 days the previous year.
News
Origo records more than 100,000 pension transfer searches on tracker portal in first year
The service provides real-time updates on pension transfers, meaning advisers no longer need to contact providers for updates.
News
TISA urges FCA to ensure consistent pension transfer rules
TISA urged the FCA to work with the DWP to make sure proposed pension transfer changes are consistent and tested with consumers before final rules are set.
Compensation & Benefits
DB pension transfer compensation hits record low in 2025 – Broadstone
Compensation fell from around -£16,000 in early 2025 to -£41,000 by early 2026.
News
PensionBee urges savers to act as pension transfer petition nears deadline
Lisa Picardo said: “With the deadline fast approaching, this is the last chance for people to sign and help push for a better system that works in the best interests of consumers.”
Pensions & Retirement
PensionBee urges savers to press MPs for faster pension transfers
The provider launched a letter template to help people write to their MPs about transfer delays, following thousands of signatures on its petition for reform.
News
PensionBee launches petition demanding 10-day limit on pension transfer delays
The petition warns that without urgent change, millions of savers will continue to face long waits, while weak providers benefit from delays and confusion.
Pensions & Retirement
PensionBee calls for 10-day pension switch guarantee
Research found 63% of people believed delays were stopping them from managing their retirement savings properly.
News
Only 68% of DB pension transferors satisfied with their decision – Broadstone
Research showed that satisfaction dropped to 64% for those in households earning less than £50,000.
News
PensionBee calls for 10-day pension switch guarantee as pension delays persist
The report found some pension transfers took less than seven working days, but others dragged on for months or even years.