The National Pension Trust, part of XPS Pensions Group, has been granted master trust authorisation.

XPS Pensions Group has appointed James Leeming as partner and head of investment at its Manchester office.

Transfer values rose during July 2019, while the number of DB transfers also increased, according to XPS Transfer Watch, which monitors how market developments have affected transfer values for an example member, as well as how many members are choosing to take a transfer value.

XPS Pensions Group has revealed three of its team have been promoted to partners of the business.