Pension scam red flags hit record level - XPS
But steady transfer values
In November, the Red Flag Index was up 64% in November, highlighting an increase in transfers showing at least one scam warning.
Pension scam red flags are at their highest level ever recorded, according to data found by XPS Pension Group’s Transfer Watch.
XPS's Red Flag Index shows the incidence of scam red flags identified at the point of transfer and also monitors how many members are choosing to take a transfer from their defined benefit (DB) pension...
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