Transfers into CS Alpha - Origo?

michaels

MY pension provider says that my transfer into Alpha will be straightforward if it is via 'origo' and will otherwise require much more form filling.  Does anyone happen to know if transfers in to CS Alpha do use Origo?  Thanks

hugheskevi

Whilst I cannot say for certain, I would be astonished if they did.

The transfer-in form means you complete the form, the scheme asks for the value of the ceding pensions, gives the member a quote of what that would purchase, and if accepted the transfer goes ahead. That is a lot of hand-offs that can and do go wrong, with consequential delays. So even if the final transfer of assets is prompt, it will take a long time to get to that stage.

That is all very different from a DC to DC transfer where you tell the receiving provider to move the pension and it happens.

michaels

Word from the horse's mouth (myCSP) is no to Origo

dunstonh

Does anyone happen to know if transfers in to CS Alpha do use Origo?  

They don't.

Occupational pensions rarely do.  Workplace pensions and retail pensions tend to be the ones that do.

westv

Orinogo then.