How long does a UK pension transfer take?
Our experience is that UK pension scheme product providers and pension scheme trustees are often quite slow with pension fund transfer information.
They regularly take a few weeks to send the initial pension fund valuations, future benefit projections, fund transfer values and the associated transfer application forms back to us.
Our experience is that we find in most cases, the transfer process takes on average three months from start to finish. However, we have had instances where some pension transfer cases have taken much longer and in one extreame case it took over over eight months.
We find that each UK pension provider or UK pension trustee work to their own individual service standards and turnaround times.
One thing that you can rely on is that we will keep you fully informed on the progress at all stage of the transfer process.