Pension scam index falls for fourth month

Red flags below 50% for the first time in more than 12 months

Julia Bahr
clock • 1 min read
Pension scam index falls for fourth month

XPS Pensions Group's red flag index fell for the fourth consecutive month, with 46% of transfers showing at least one warning sign of a potential scam or poor member outcomes.

The red flag index measures the incidence of potential scams linked to defined benefit (DB) transfers that have been uncovered by its scam protection service. "While it is promising to see the l...

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