Displaying items by tag: XPS
DB pension transfer volumes hit 5 year low
The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.
DB pension transfer values fall below £150k
The transfer value a typical DB pension could attract fell below £150,000 in October for the first time since last year’s mini budget, according to pensions and SIPP firm XPS Group.
SSAS and SIPP growth boost XPS results
Pensions and SIPP firm XPS Group has reported a 23% growth in revenues to £94.5m for the latest half year.
XPS completes £42.5m Master Trust sale to SEI
XPS Pensions Group has completed the £42.5m sale of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust (NPT), to SEI.
DB pension transfer values slump by a third
DB transfer values have fallen by a third since June 2018, according to the latest data from XPS’s Transfer Value Index.
Pension transfer activity halves in one year
Pension transfer activity has continued its downward decline, hitting a five year low in July and dropping to half the level seen a year earlier.
DB transfer values fall by 8% in Q2 - XPS
DB transfer values fell 8% in the second quarter, according to the latest data from XPS Pensions Group.
Pre-tax profit up 13% at XPS Pensions Group
Pension consultancy and SIPP business XPS Pensions Group has reported pre-tax profits up 13% for the past year.
XPS SIPPS top £1.5bn in commercial property
XPS Self Invested Pensions has reported that its commercial property assets under administration grew by 87% in the last year, from £800m to over £1.5bn.
Scam warnings flagged up for 70% of pension transfers
Seven in ten pension transfer requests made in March showed indicators according to the XPS Pension Scam Flag Index.