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 ...

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Martin Richmond
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Martin Richmond

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