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XPS Pensions Group has revealed pension changes could lead to a £260bn accounting gap.
XPS Pensions Group has uncovered a surge in the number of ‘red flags’ being reported on pension transfers, indicating warning signs of scam activity, from 13% in June 2018 to 34% in June 2019.
Pensions group XPS, owner of the Xafinity SIPP and SSAS business, has launched XPS Transfer Watch, a service to track pension transfers by value and activity.
A survey has found that 99% of the 70,000 Defined Benefit scheme members who quit each year are transferring their money to a SIPP.
XPS Pensions Group has bought RL Corporate Pension Services Limited from The Royal London Mutual Insurance Society. 
XPS Administration has called on pension schemes to get ready for the introduction of the Pensions Dashboard now.
Pension transfer values as measured by the XPS Pensions Group Transfer Value Index increased “substantially” during March, the firm has said.
Pension transfer values, as measured by the XPS Pensions Group Transfer Value Index, fluctuated moderately during January 2019, but with no overall change over the month. 
XPS Pensions Group has made a new senior appointment at its London office.
Xafinity SIPP and SSAS Services, part of the XPS Pensions Group, has reported an increased level of activity in commercial property transactions in 2018.
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