Red flags below 50% for the first time in more than 12 months
Total fees paid by transferring DB scheme members reach highest levels since 2018
The latest analysis from XPS Pensions Group’s transfer watch
Transfer values rose sharply during July, while transfer activity dipped slightly over the month
Firms looking to take new approach to flexible working as the Covid pandemic comes to an end
Consultancy starts afresh in eight new offices as lockdowns come to an end
Scam activity dropped during June, but remains high with 55% of transfer showing a red flag
Schemes need to consider how to weight 2020 mortality data in their assumptions
The firm’s total revenue grew to £127.9m in the 12 months to 31 March 2021
XPS has called the increase “disappointing” and called for robust management from trustees