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The overall incidence of red flags has been increasing over time, with around 35% of cases since July 2019 identifying at least one warning sign" - XPS' Nicola Young.
XPS Pension Group has launched a Red Flag Index to measure the incidence of possible scam red flags, as the risk of pension scams increases.
The index, as part of XPS' monthly Transfer Watch tracker, will help give regular insights into activities could be a threat to member outcomes. The Red Flag index will make up one part of the group's...
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