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Scam warnings flagged for 7 in 10 pension transfers

Seven in ten pension transfer requests made in March showed indicators according to the XPS Pension Scam Flag Index.

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2 in 3 pension transfers show scam signs

The latest data on pension transfers from pension firm XPS suggests a “significant increase” in the proportion showing signs of potential scam activity.

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DB transfer scam warnings rise despite activity drop

The proportion of DB transfers showing red flags for a potential scam or poor member outcomes rose to 50% in January.

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Pension transfers drop to four-year low

Pension transfer activity dropped to its lowest level in four years in December.

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