Average simple pension transfer times on the Origo Transfer Index have hit the 10-day mark for the first time since September 2024.
Simple transfers were completed in an average of 10 days over the period from April 1 2025 to March 31 2026.
The last time simple transfer times fell below this level was during 2024 when they reached 9.8-9.9 days in June and September respectively, before ticking up again to reach a maximum of 11 days since.
Simple transfers, which account for nearly 90% of all transfers on the Origo Transfer Service, relate to a company’s performance when they have more control over the process for relatively straightforward pension assets moving away from their business.
The overall pension transfer time for the period, which includes more complex cases, was 11 days. This has also improved from 11.4 days previously.
Origo said a total of 1.8 million transfers were completed across the Origo Transfer Index over the 12 month period, up from 1.7 million previously. Meanwhile, the combined value of transfers also reached £78.6 billion, up from £75 billion in 2025.
Anthony Rafferty, CEO of Origo, said: “2026 is clearly off to a fantastic start for pension transfer times and the continuing efforts of the industry at large are to be congratulated, particularly given the ongoing demand across the market and the range of transfer types providers are handling day to day.
“As we look ahead, there are a number of regulatory and market developments on the horizon, including the upcoming changes to IHT rules on pensions. While these may influence customer behaviour over time, the industry must strive to maintain these turnaround times while continuing to deliver quality service to customers during a time of significant change for retirement planning.”
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