FOS cases up 20% year on year to nearly 200,000
- Friday, 12 July 2024
- Articles
![FOS CEO Abby Thomas](/media/k2/items/cache/0bb0a040df8e18fa39937c6ba1f3d3b0_Generic.jpg)
Consumer complaints received by the Financial Ombudsman Service in its 2023/24 year rose by 20% year on year to reach nearly 200,000, the FOS said today.
Read more...DB transfers fall to record low
- Wednesday, 29 May 2024
- Articles
![Helen Cavanagh, head of member options at XPS Pensions Group](/media/k2/items/cache/70ad8593b588a6223ddcc07541f24143_Generic.jpg)
The rate at which pension savers were transferring out of their defined benefit pensions hit a new record low in April 2024, with only 14 members in every 1,000 transferring.
Read more...DB transfer values slip as gilt yields dip
- Thursday, 29 February 2024
- Articles
![XPS’s Transfer Value Index](/media/k2/items/cache/a002cee5c3fc0064bfa6b7e232e3405f_Generic.jpg)
XPS’s Transfer Value Index fell 3.9% in January to £158,000, following two consecutive rises.
Read more...DB pension transfer volumes hit 5 year low
- Monday, 22 January 2024
- Articles
![XPS Transfer Value Index](/media/k2/items/cache/379dc5d898295e3a2e82cde24b2407a4_Generic.jpg)
The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.
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