Displaying items by tag: XPS
DB transfer values fall by 8% in Q2 - XPS
DB transfer values fell 8% in the second quarter, according to the latest data from XPS Pensions Group.
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.
XPS SIPPS top £1.5bn in commercial property
XPS Self Invested Pensions has reported that its commercial property assets under administration grew by 87% in the last year, from £800m to over £1.5bn.
Scam warnings flagged up for 70% of pension transfers
Seven in ten pension transfer requests made in March showed indicators according to the XPS Pension Scam Flag Index.
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.
Third of risky transfers slip through new pension rules
One in three high risk pension transfers since July 2018 would satisfy the first condition of the Department of Work and Pensions’ (DWP) proposed scam reduction legislation, according to a new report.
Transfer activity slips but red flag warnings up
Defined benefit pension (DB transfer) activity feel to the lowest level since September 2020 in April but red flag cases rose to a three-month high.
DB transfer values pick up in March
DB pension transfer values showed a recovery in March after dipping in February, according to the monthly XPS Transfer Watch.
Pension transfer values bounce back in June
After an unsteady period, defined benefit (DB) pension transfer values increased to a record high during June and the number of members taking a transfer value rebounded strongly too.
XPS reports flat profits but positive about future
Pension group XPS has reported flat profits for the 12 months ending 31 March at £11.4m but remains positive about the year ahead.