Broadstone praises TPR’s approach as XPS data shows monthly drop in red flag reports
Transfers fell by almost 12% in April, according to analysis
Transfer values rose by 4% to £175,000 as a result of a fall in gilt yields
Decline primarily due to steady rise in gilt yields through February
Data comes from the XPS Pensions Group’s scam flag index
Defined benefit (DB) pension transfer values recovered by about a third last month after February’s sharp fall, according to figures from XPS Pensions Group.