Displaying items by tag: XPS Pensions Group
XPS Pensions Group reports rising revenues
Pension consultancy and administrator XPS Pension Group has reported 8% growth in revenues over the past year thanks to strong growth in advisory revenue, according to a trading update ahead of its full year results in June.
2 in 3 pension transfers show scam signs
The latest data on pension transfers from pension firm XPS suggests a “significant increase” in the proportion showing signs of potential scam activity.
Men twice as likely to fall victim to pension transfer fraud
Men are almost twice as likely to be at serious risk of pension transfer fraud than women, according to a new report.
Pension transfers drop to four-year low
Pension transfer activity dropped to its lowest level in four years in December.
XPS snaps up Manchester SIPP provider for £3.75m
XPS Pensions Group, the actuarial, consulting and admin business, is to acquire the business and key assets of Manchester-based SIPP and SSAS provider Michael J Field Consulting Actuaries for £3.75m.
Transfer values climb but so do scam warnings
Retirement provider XPS Pension Group says its Pension Transfer Value Index climbed to a new high of £270,000 at the end of November due to forecasts of increased inflation and a dip in gilt yields.
Falling gilt yields push DB transfer values to record high
Falling gilt yields pushed DB transfer values to a new record high of £265,200 on 28 October.
DB transfer values slip from record highs
Defined benefit pension transfer values held up close to their record high for most of September but slipped in the last 10 days of the month due to a sharp increase in government bond yields.
99% of DB transfers go into SIPPs
A new survey has revealed that 99% of DB pension transfers clients move their money into SIPPs.
DB transfer scam warnings reach five-month high
The number of defined benefit pension transfers with at least one warning sign of a potential scam or poor member outcomes has hit its highest level in five months.