Defined benefit pension transfer values fell by 4% in October - one of the biggest declines seen in several years.

XPS Pensions, the pensions administrator, says that 35% of pension schemes have appointed or are considering appointing an IFA to support members.

Transfer valued endured a volatile September, according to the latest data from XPS Pensions Group.

XPS Pensions Group (XPS) has appointed Harry Harper as head of risk transfer, the firm has revealed.