Pension transfers using the industry Options system took 11 calendar days in the second quarter of the year, latest Association of British Insurers data reveals.
The trade body's data showed said this compared to transfer times of just eight days in the first quarter, and the 31 day industry average in 2008. ABI director of life and savings Maggie Craig ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders