SSAS provider Rowanmoor Group has signed up to the Options Transfers service provided by Origo, the eCommerce standards and services body for the financial services industry.
The UK bespoke Sipp and Family Pension Trust operator has joined the service, which was launched in 2008 to specifically deal with the issue of creating efficiencies affecting individuals exercising their Open Market Option.
Ian Hammond, managing director of Rowanmoor Group, said: "The Options Transfers service is designed to speed up pension transfers, providing a number of administrative and cost efficiencies.

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"Our adoption of Options reflects our ongoing commitment to enhance the services that we provide for our clients."
Paul Pettitt, managing director of Origo, said Rowanmoor's move demonstrated the industry's faith in the Options service.
He said: "It is the fast and efficient transfer of pensions and assets that fits both TCF and RDR principles by always keeping the client centre of mind.
"Options currently processes over 40,000 transfers a month, and has efficiently made over £40 billions' worth of transfers since launch, while reducing the average transfer time by 80%."