XPS survey finds increase in proportion of smaller transfer values
Broadstone analysis finds insurance market braced for ‘hectic’ second half of the year
First increase of 2022 the result of small decrease in gilt yields
Increases in gilt yields led to lowest transfer value in nearly eight years
Latest XPS figures have revealed the lowest rate of transfers since June 2016
Rates of scam warning flags rises for the fourth consecutive month
As many as 70% of transfer requests are showing scam warning flags
Data comes from the XPS Pensions Group’s scam flag index
Transfer values fell a further 6% in January – a second successive low-record month
The latest updates from the XPS transfer watch analysis