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DB transfer scam warnings hit 5 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.


Contingent charge ban slashes DB transfers 

The number of DB transfer requests has fallen dramatically since the FCA introduced a ban on contingent charging last year, according to analysis from actuarial firm LCP.


DB transfer activity falls but red flag cases rise

Defined benefit pension (DB transfer) activity fell to its lowest level since September 2020 in April but red flag cases rose to a three-month high.


DB transfer values rebound in March


DB pension transfer values recovered in March after dipping in February, according to the monthly XPS Transfer Watch.

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