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Pension transfer values recover after February dip - XPS
Rising inflation
Helen Cavanagh: More than half of cases are still showing warning signs that could indicate a scam, or at the very least, the potential for poor member outcomes.
Defined benefit (DB) pension transfer values recovered by about a third last month after February’s sharp fall, according to figures from consultant XPS.
The firm s monthly transfer commentary said March s recovery was largely due to rising expectations of future inflation increasing the expected value of members pensions.
It said its Transfer Activity Index had remained stable and transfers that raised alarm bells - monitored through its Red Flag Index - showed a small decline to just over half of all transfers raising questions. ....

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