8 November at 10am: Origo to host industry webinar into complexities of SIPP transfers

8th Nov at 10am: Origo to host industry webinar into complexities of SIPPs transfers

Origo, the eCommerce standards and services body for the UK Financial Services industry, is hosting a free-to-attend interactive webinar to raise awareness of the issues the industry faces in the transfers of SIPPs.

Origo commissioned research with 15 different SIPP platforms and providers to obtain an in-depth assessment of SIPP transfer issues and how they might be addressed.

Paul Pettitt, Managing Director, Origo, said: "The SIPP market is complex, not just in the wide range of assets that may be held within the wrapper but due to the variety of providers using many different systems and processes. As might be expected this impacts the quality, speed and efficiency of cash and asset transfers, which in turn affects the level of service to financial advisers and so the end consumer."

"As our research has shown and we will discuss in the webinar, there are clear operational difficulties as well as regulatory pressures for the SIPP market if action is not taken to address these issues. Origo works collaboratively with the industry to identify and drive eCommerce solutions and the webinar is another step in that process in relation to transfers of SIPPs."

The webinar will discuss how the automation and orchestration of SIPP transfers can enable platforms and providers to realise process efficiencies as well as meet TCF and RDR commitments.

The webinar takes place at 10am on 8 November:
Register for our webinar >

On the panel presenting and discussing the issues will be Richard Clark, Head of Commercial Marketing Origo; Justine McCoy, eServices Adoption and Marketing Manager Origo; Michael Roe, Development and Standards Manager Origo, and David Taylor of Organisation Consulting Partnership LLP, the firm that undertook the research on behalf of Origo.