XPS Pensions Group
Pension transfer values fall 25% in six months
As overseas investment amber flags continue to cause ‘unnecessary delays’
PensionBee accuses providers of delaying and blocking transfers
‘Regulations are being abused by a handful of rogue actors’
83% of pension transfer requests raise red flag warnings
Rates have now grown for the past five consecutive months
Pension transfer red flag warnings hit record high
Rates have now risen for the last four consecutive months
70% of pension transfer requests spark scam warning
Current cost of living crisis ‘could lead to members looking to access their benefits’