Pension scam red flag index reaches five-month high

XPS has called the increase “disappointing” and called for robust management from trustees

Sophie King
clock • 1 min read

The XPS Transfer Watch’s red flag index rose once again in May to 61%, reaching a five-month high, data released by the pension consultant shows.

XPS Pension Group's red flag index reflects pension transfers with at least one warning sign of a potential scam or the possibility for poor member outcomes. The data also showed that there was ...

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