Pension transfers plummet as charge ban bites

The XPS Pension Transfer Watch Index for September has revealed that pension transfer activity plummeted at the same time as scam alerts surged - with 62% of pension transfers highlighted as potential scams.

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Copia Wealth Management goes into liquidation

Copia Wealth Management Ltd in Denton, Manchester, has gone into liquidation soon after a Financial Ombudsman ruling against the company over a pension transfer.

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50% of pension transfers triggering ‘red flag’ alerts

Over 50% of pension transfers covered by one pension firm’s scam protection service have been flagged up as at risk of a scam since the pandemic hit.

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Nearly half of advisers may quit DB transfers

Nearly half of financial advisers who currently offer pension transfers may quit the market in the next 12 months, new research has warned.

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