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XPS Pensions Group

Displaying items by tag: XPS Pensions Group

Monday, 29 March 2021 12:57

Xafinity SIPP and SSAS rebrands as XPS

Xafinity SIPP and SSAS has rebranded as XPS Self Invested Pensions following the creation of XPS Pensions Group three years ago when Xafinity acquired the actuarial and administration divisions of Punter Southall.

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The XPS Pensions’ Transfer Watch monitoring service has flagged up 64% of recent pension transfers as showing signs of a potential scam, a record number.

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Friday, 25 September 2020 12:15

DB scheme members may be due £25k payment

Defined benefit pension scheme members could still be waiting to receive payments as much as £25,000 following the Guaranteed Minimum Pensions (GMP) Equalisations judgement in October 2018, according to a pensions consultancy.

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Wednesday, 09 September 2020 12:40

Half of pension transfers now 'red flagged' - XPS

Over 50% of pension transfers covered by one pension firm’s scam protection service have been flagged up as at risk of a scam since the pandemic hit.

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Wednesday, 15 July 2020 17:26

Pension transfer values bounce back in June

After an unsteady period, defined benefit (DB) pension transfer values increased to a record high during June and the number of members taking a transfer value rebounded strongly too.

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A slight shift to less expensive SIPPs has resulted in a modest improvement in outcomes for pension scheme members choosing to transfer when compared to last year, according to a new survey.

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Pension group XPS has reported flat profits for the 12 months ending 31 March at £11.4m but remains positive about the year ahead.

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One in three pension schemes have appointed - or are considering appointing - an IFA to give advice to members, according to data from pensions admins administrator XPS Pensions.
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Transfer valued endured a volatile September, according to the latest data from XPS Pensions Group.
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Over 400 trustees and employers of UK pensions schemes attending the XPS Pensions Group’s annual conference last week believe they must “make a difference to climate change”, with 60% of schemes having already moved away from a traditional investment approach.
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