XPS Pensions Group's red flag index fell for the fourth consecutive month, with 46% of transfers showing at least one warning sign of a potential scam or poor member outcomes.
The red flag index measures the incidence of potential scams linked to defined benefit (DB) transfers that have been uncovered by its scam protection service. "While it is promising to see the level...
Research found just 24% of professional DB trustees have set a long-term funding target
Overfunding is at its highest since 2007 on a section 179 basis, PPF index reveals
Findings come as scheme valuations strengthen despite Covid setbacks
Research finds most professional trustees find regulation overly complex
Total fees paid by transferring DB scheme members reach highest levels since 2018