XPS survey finds increase in proportion of smaller transfer values
Value fell by 7% in May to lowest month-end figure since XPS launched index in 2016
April’s activity in the defined benefit (DB) transfer market fell to the lowest level since September last year, dropping by almost a quarter, while the number of transfers showing ‘red flags’ for scams increased to a three-month high, according to XPS...
Pension transfer values saw the largest ever monthly fall in February, according to XPS Pensions.
More members transferred out of defined benefit (DB) pension schemes in October after September's record lows while values were surprisingly stable, according to XPS Pensions Group's Transfer Watch.