Pension transfer values recover after February dip - XPS

The firm's monthly transfer commentary said March's recovery was largely due to rising expectations of future inflation increasing the expected value of members' pensions. It said its Transfer Activity Index had remained stable and transfers that raised alarm bells - monitored through its Red Flag Index - showed a small decline to just over half of all transfers raising questions. Consultant Helen Cavanagh said: "We are pleased to see the continued fall in the Red Flag Index. However, more than half of cases are still showing warning signs that could indicate a scam, or at the very le...