An annualised rate of 50 members out of every 10,000 transferred their pensions in December according to the XPS Pensions Group's transfer activity index — the lowest rate since XPS started tracking this activity four years ago.
Head of member options Mark Barlow said a "slump" in transfer activity was common over the festive period. "But this is the lowest rate of transfers we have seen since we started the index in 20...
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