Re-registration of assets
The ability to re-register pension assets, or transfer pensions in-specie, has been a core function of the Origo Transfer Service since 2013, which probably explains why over half of our pensions transfers community consists of SIPP providers. We understand the complexities that lie within the re-registration process - that is why Origo Transfer Service is designed to not just make it quicker and simpler for teams to administer, but - most importantly – make it easier to achieve improved outcomes for customers.
Origo Transfer Service is fully interoperable. Working with TISA TeX initiative, we support the latest agreed market practice.
Widest product coverage
Regardless of whether it’s a pension, ISA, GIA, bond, SIPP or SSAS, the Origo Transfer Service can handle it.
The Self-Invested Personal Pension is fast becoming a key product for certain providers and platforms, and with pension freedoms taking hold it’s clear that they are just going to grow and grow. While it’s good news for the market it does mean transfer volumes are on the up. And due to the nature of the complexities that are inherent with SIPPs, transfer times can quickly creep skywards.
Origo Transfer Service enables you to track and monitor how a transfer is progressing so you have real-time MI at your finger tips; you also have the added and unique benefit of transferring the SIPP wrapper, as well as all the product level data - a feature only available with the Origo Transfer Service.
Re-registration – putting customers first
Cast your mind back to 2012, when the FSA was still a thing and RDR was just about to be bedded in. Back then, re-registration was the word on everyone’s lips. Today, the FCA has mandated that all organisations must be able to effect re-registration in ‘a timely manner’. The re-registration solution from Origo based on the well-established cash transfers service so you get all the benefits you know and love while getting all that extra functionality needed to re-register assets – SIPP, SSAS, ISA and more.
Read all about it
Pension Re-registration Roundtable
Publication date: Dec 2017
With representatives from AJ Bell, Aviva, Liberty SIPP and Zurich, we discuss the issues around pensions re-registration and automation.
Our hope is that this discussion will both enlighten and provide greater insight for organisations considering automating their re-registration process for the betterment of the consumer.
Download the Pensions Roundtable transcript >