The Origo Common Declarations help pension providers
and pension administrators
remove paperwork and speed up the transfer process, making it a smoother and quicker process for the member or customer. The Origo Common Declarations are available free of charge to pension providers.
Please note: Origo Common Declarations cannot be used by financial advisers.
By incorporating the relevant Origo Common Declarations into application forms, the receiving scheme can capture all the data and consent needed by the ceding scheme to process the transfer without the need to seek further discharge from the client. This saves time for the client, and costs for both ceding and receiving schemes.
Common Declarations were developed and are maintained by Origo on behalf of the community, and are used by over 90 brands to support 50,000 transactions each month. We are pleased to make them available free of charge, under the licence in this website's Terms & Conditions, for use by all pensions providers, platforms, third-party administrators and trustees.
Helping the industry remove paper and improve transfers
Three separate Declarations have been developed to support three different transaction types:
Common Transfer Declaration
The Origo Common Transfer Declaration can be used by co-operating platforms, product and scheme providers to streamline the transfer for a wide variety of uncrystallised personal, group and other pensions.
This enables you to capture the data and declarations needed by the ceding scheme to progress the transfer of pre-pension monies, making the process simpler to conduct and faster to complete.
Common Drawdown to Drawdown Declaration
The Origo Drawdown to Drawdown Declaration can be used by co-operating platforms, product and scheme providers to streamline the transfer of Pension Drawdown plans and SIPPs where benefits have been crystallised.
This captures the data and declarations needed by the ceding scheme to process the transfer of post-pension monies. The declarations will help to remove paperwork making it simpler for you to conduct the transfer and helping you to reduce resource needed for the process as well.
Common Annuity Declaration
The Origo Common Annuity Declaration can be used by co-operating platforms, product and scheme providers to streamline the processing of OMO and IVPP business. This will capture the data and declarations needed by the ceding scheme to complete the transaction making the process quicker and simpler.
Please note, our Common Declarations are not suitable for financial advisers.