DC pension holders now waiting an average of 29 days for transfers

Ceding companies are currently taking a month to transfer pension funds

Hope William-Smith
clock • 2 min read
DC pension holders now waiting an average of 29 days for transfers

Defined contribution (DC) pension holders are currently waiting an average of 29 days for ceding companies to transfer their funds to new providers, according to My Pension Expert.

The at-retirement specialists' 2023 Retirement Fairness Index analysed data from 4,000 transfers and has subsequently criticised the delays as "lengthy". Customers with some pension providers ar...

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