Pension provider and consultant XPS Group says it has connected more than 600,000 pension scheme members and more than 20 schemes to the Pensions Dashboard’s Central Digital Architecture since April.

The aggregate surplus of UK pension schemes against long-term funding targets remained extremely positive at £189bn at the end of June, up £26bn compared to the end of June 2024.

Average defined benefit pension values have fallen to their lowest rates since the XPS Group’s Transfer Watch was established in 2018.