
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.

PensionBee said the milestone reflected progress in digital pension transfer processes, although inconsistencies across the market remain.

Data obtained by PensionBee found that 5.9% of self-employed people earning below the basic rate tax threshold filed their tax return after the 31st January deadline.

Only 17% expected to review or increase their pension contributions in the next 12 months.

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.”

The report called on the DWP, FCA and TPR to work together on a digital-first pensions system with clear consumer rights and accountability for providers.
24% said expanding auto-enrolment for invisible workers should be a priority in the next Budget.

Lisa Picardo, chief business officer UK at PensionBee, said: “The sooner you take stock and build a clearer picture of your retirement savings, the better."

According to the firm’s 2025 Pension Landscape report, savers over 50 hold pension pots far smaller than required to maintain living standards in later life.

Only 16% of people earning under £15,000 said they paid regularly into a personal pension.

PensionBee said current rules still leave many workers out of automatic enrolment, making it hard for them to save for retirement.

Women’s average pots increased by nearly 11% to £16,169, while men’s grew over 9% to £25,652.

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.
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