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Kent pension transfer firm fails

The FSCS has declared in default Maidstone-based retirement adviser H&F Financial Limited (FRN 778297).

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London-based pension transfer adviser Portal fails

The FSCS has declared pension transfer adviser Portal Financial Services LLP (FRN501272) as failed after the firm went into compulsory liquidation following a string of complaints.

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Pension transfer activity hits two year high

Pension transfer activity in November was the highest since July 2020 as more pension members transferred between providers.

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Transfer values slump to new low

The average pension transfer value, as tracked by XPS's Transfer Value Index, fell by 3% to a record new low in October due to declines in long-dated gilt yields.

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