Transfer values remained close to record highs during May 2019 as the number of DB transfers over the month increased, according to XPS Transfer Watch.

XPS Pensions Group has uncovered a surge in the number of ‘red flags’ being reported on pension transfers, indicating warning signs of scam activity, from 13% in June 2018 to 34% in June 2019.

Pensions Minister Guy Opperman has admitted ‘significant’ problems with incorrect state pension forecasts in a letter to Royal London policy director and former Pensions Minister Steve Webb. 

SIPPs firm Curtis Banks is celebrating the 10th anniversary since the foundation of the business.