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The level of demand from consumers to transfer from DB to DC is increasing and this trend looks to continue
Origo firmly believes that Fintech and pension providers can help deliver a dashboard prototype for the March 2017 deadline set by Treasury.
The latest data from not-for-profit Fintech company Origo taken from the Options Transfers service, shows that 90% of pension transfers are completed in or under 14 calendar days.
Pension to SIPP and Pension to Pension transfers have risen significantly since the Pensions Freedoms were announced in March 2014, data from not-for-profit Fintech company Origo reveals.
What is the future of the pensions industry, and what are the changes that will impact on trustees, scheme administrators and many more? In this programme the PLSA explore how efficient data movement helps the industry and improves member outcomes.
Not-for-profit FinTech company Origo says it is able to facilitate the transfer of pensions from defined benefit (DB) schemes to defined contribution (DC) schemes via its award-winning Options Transfers service.
On Wednesday 14th September, Origo demonstrated the power and ingenuity of the Data Feed Engine Proof of Concept (PoC) for pensions dashboards live on Twitter.
Origo has launched its Integration Hub to enable platforms and adviser software suppliers to quickly link to each other via one central hub.
Origo has demonstrated a successful LIVE feed for a pensions dashboard, to a group of industry representatives including large pension providers, third-party administrators and other industry and government bodies.
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Pensions dashboard - full steam ahead