Displaying items by tag: XPS Pensions Group
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.
Pension schemes favour tax incentives
Pension schemes are in favour of the Labour government introducing tax incentives to increase pension investment in UK growth, according to a new survey.
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.
UK pension scheme surpluses climb to £98bn
Pension scheme surpluses have started the new year on a high despite increases in their liability, according to estimates from XPS Pensions Group.
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.
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.
Pre-tax profit up 13% at XPS Pensions Group
Pension consultancy and SIPP business XPS Pensions Group has reported pre-tax profits up 13% for the past year.
Pension transfer values slump by 36% in 2022
Defined benefit transfer values fell by more than a third last year as investor concerns over UK debt drove gilt yields higher, according to new analysis.
Over 3 in 4 pension transfers raise red flags in April
A record high 78% of pension transfers raised at least one warning sign of potential scam activity in April.