Scam warning flags hit highest level in nine months, XPS finds

Number of cases to raise at least one scam flag warning exceeds 90% for first time this year

Martin Richmond
clock • 2 min read
Scam warning flags hit highest level in nine months, XPS finds

The number of pension transfer cases to raise a scam warning flag reached the highest level in nine months in June, research from XPS Pensions Group has found.

The latest data from the consultancy's Scam Flag Index showed 92% of the cases reviewed by its Scam Protection Service last month raised at least one scam warning flag, compared to 89% in May. XPS ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB pension transfers values and activity remain steady in September, XPS finds

DB pension transfers values and activity remain steady in September, XPS finds

XPS says Transfer Value Index has seen a ‘prolonged period of stability’

Martin Richmond
clock 29 October 2024 • 2 min read
One fifth of working DB members yet to start planning for retirement

One fifth of working DB members yet to start planning for retirement

Just Group research aims to develop ‘clear understanding’ of help needed for DB members

Martin Richmond
clock 28 October 2024 • 3 min read
DB trustees show 'strong demand' for run on

DB trustees show 'strong demand' for run on

Charles Stanley research finds two in five think the government needs to encourage surplus creation

Jasmine Urquhart
clock 28 October 2024 • 1 min read
Trustpilot