No & Yes.
No. Because unlike Props, there isn't a Pivot Point Selection Box.
A Character's Default Pivot Point is at a Character's Bone Root, which is a virtual fixed Point at Position X, in Screenshot. It should be at a Characters Hips.
Yes. Forum Member Rampa produced a Tutorial for the Hip Bone as a Pivot Point. Send Rampa a Private Message.
Screenshot:
76% of original size (was 660x19) - Click to enlarge
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