Pensioners owed up to £25k in GMP equalisation

Defined benefit pension scheme members could still be waiting to receive payments as much as £25,000 following the Guaranteed Minimum Pensions (GMP) Equalisations judgement in October 2018, according to a pensions consultancy.

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DB transfer values fall to pre-lockdown levels

DB transfer values fell from July’s record-high to levels similar to pre-lockdown in August, while the number of members asking for a transfer value also declined, according to a new report.

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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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DB transfers reach another record high

Defined benefit transfer values increased to another record high during July, according to a new report.

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