XPS

XPS finds slight rise in long-term gilt yields led to increase in the aggregate surplus

XPS research finds overall funding positions fell by around £28bn during December

Transfer values increased by 2.6% last month due to a fall in gilt yields

XPS finds 73% of schemes with over £5bn have set a target to reach net zero by 2050

Only one quarter say Autumn Statement changes would benefit DB and DC members, XPS poll finds

Transfer values dipped below £150,000 due to an increase in gilt yields

Firm’s revenues for its pensions advisory businesses saw a 28% year-on-year increase

Transaction was first announced in July with completion subject to regulatory approvals

Tool aims to simplify pension communications and allow schemes to test comms’ readability

6-3 split among MPC members