Manchester-based pension transfer adviser fails

The Financial Services Compensation Scheme (FSCS) has declared Manchester-based Pension Advice Specialists Ltd (FRN: 792927) as failed.

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DB transfer values slip as gilt yields dip

XPS’s Transfer Value Index fell 3.9% in January to £158,000, following two consecutive rises.

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DB pension transfer volumes hit 5 year low

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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Pension transfers soar 22% in 2023 to 1.2m

The number of defined contribution pension transfers in 2023 soared by 22% to 1.2m despite predictions of a decline in the market.

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