Portafina publishes 2016 pension provider service times league table

Halifax and RBS at top

Hannah Godfrey
clock • 2 min read

Halifax and Royal Bank of Scotland (RBS) have respectively topped the 2016 defined contribution and defined benefit league tables of pension provider times, published by Portafina.

The pension advice specialist's annual lists benchmark the time taken by different pension schemes to provide the basic information necessary to advise clients on areas such as pension freedom. This year, the analysis covered 9,137 requests for information made by Portafina on behalf of 6,423 clients to more than 700 different defined contribution (DC) and defined benefit (DB) pension scheme providers, over the period from 1 October 2015 to 30 September 2016. At 1.2 weeks, Halifax was - for the second year in a row - the fastest provider to give information about DC schemes . Slowest ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Experienced financial planner launches own firm

Experienced financial planner launches own firm

Set up through the ValidPath network

Isabel Baxter
clock 20 December 2024 • 4 min read
FSCS receives information to progress with Tenet claims

FSCS receives information to progress with Tenet claims

Expects to open online portal in early 2025

Isabel Baxter
clock 19 December 2024 • 2 min read
Titan Wealth secures IWP deal

Titan Wealth secures IWP deal

Brings Titan Wealth’s AUM to approximately £35bn

Isabel Baxter
clock 18 December 2024 • 2 min read