The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.
Pension scheme surpluses have started the new year on a high despite increases in their liability, according to estimates from XPS Pensions Group.
The transfer value a typical DB pension could attract fell below £150,000 in October for the first time since last year’s mini budget, according to pensions and SIPP firm XPS Group.
XPS Pensions Group has completed the £42.5m sale of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust (NPT), to SEI.
Pension consultancy and SIPP business XPS Pensions Group has reported pre-tax profits up 13% for the past year.
Defined benefit transfer values fell by more than a third last year as investor concerns over UK debt drove gilt yields higher, according to new analysis.
A record high 78% of pension transfers raised at least one warning sign of potential scam activity in April.
Pension consultancy and administrator XPS Pension Group has reported 8% growth in revenues over the past year thanks to strong growth in advisory revenue, according to a trading update ahead of its full year results in June.
The latest data on pension transfers from pension firm XPS suggests a “significant increase” in the proportion showing signs of potential scam activity.
Men are almost twice as likely to be at serious risk of pension transfer fraud than women, according to a new report.