XPS says pension scam warning flags hit 97% of cases reviewed in June 2026

• XPS Pensions Group analysis showed scam warning flags in pension transfer checks stayed near record levels in Q2 2026.
• June review found 97% of cases raised at least one flag, easing from 98% in May, signaling persistent scam risk.
• Transfer Value Index fell to 138,000 at end-June, the lowest this year, as higher inflation expectations lifted gilt yields.
• Transfer values held broadly stable through Q2 despite the monthly drop, reflecting offsetting market pressures.
• Transfer Activity Index stayed above 0.2%, peaking in June at an annualized 24 transfers per 1,000 members, the highest since June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XPS Pensions Group plc published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.