Displaying items by tag: XPS
DB transfer activity surges in July
The number of defined benefit pension transfers in July surged to the highest level since August 2023.
Pension scam warning flags at highest level for 9 months
Pension scam warning ‘flags’ have climbed to their highest level in nine months, according to a warning from pensions consulting and administration business XPS.
Barnett Waddingham adds SIPP propositions lead from XPS
Barnett Waddingham (BW) has appointed Nick Cooper as its new head of propositions for SIPP.
XPS Pensions creates 11 new partners
Pensions consulting and administration business XPS Pensions Group has promoted 147 people including 11 new partners across its actuarial, pensions, investment, covenant, administration and SIPP businesses.
DB pension transfer volumes hit 5 year low
The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.
DB pension transfer values fall below £150k
The transfer value a typical DB pension could attract fell below £150,000 in October for the first time since last year’s mini budget, according to pensions and SIPP firm XPS Group.
SSAS and SIPP growth boost XPS results
Pensions and SIPP firm XPS Group has reported a 23% growth in revenues to £94.5m for the latest half year.
XPS completes £42.5m Master Trust sale to SEI
XPS Pensions Group has completed the £42.5m sale of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust (NPT), to SEI.
DB pension transfer values slump by a third
DB transfer values have fallen by a third since June 2018, according to the latest data from XPS’s Transfer Value Index.
Pension transfer activity halves in one year
Pension transfer activity has continued its downward decline, hitting a five year low in July and dropping to half the level seen a year earlier.