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Transfer volumes through the Origo Transfer Service have increased by 20% year on year between 30 June 2018 and 30 June this year, to over 680k, it has been revealed.
Transfer values fell slightly during June 2019, as the number of DB transfers over the month also fell marginally.
XPS Pensions Group has revealed pension changes could lead to a £260bn accounting gap.
Hundreds of thousands of DIY drawdown investors are unaware they can scale back or stop their withdrawals, putting them in danger of draining their retirement savings too rapidly, according to new research for Zurich.
According to adviser research from Aegon the demand for DB advice remains strong with nine out of 10 advisers, who are or have been active in advising on defined benefits, saying there are still many individuals who would benefit from taking advice.
The new chief executive of The Pensions Regulator (TPR), Charles Counsell has set out how he will lead the organisation and vowed ‘robust protection’ for savers.
The FCA has revealed it will take further action over DB transfers.
XPS Pensions Group has uncovered a surge in the number of ‘red flags’ being reported on pension transfers, indicating warning signs of scam activity, from 13% in June 2018 to 34% in June 2019.
The Pensions Regulator has revealed 39 firms have applied for master trust authorisation.
Pensions Minister Guy Opperman has admitted ‘significant’ problems with incorrect state pension forecasts in a letter to Royal London policy director, Steve Webb. 
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