The UK fund sector has made major strides in improving its ESG credentials but major improvements are still needed, according to a new report from pension consultants XPS.

XPS Self Invested Pensions is to waive its property purchase fee for property purchases for new SIPP and SSAS clients.

Pensions transfer data showed a high proportion of 'red flags' in October with over 60% of transfers showing signs of possible scams.

The XPS Pension Transfer Watch Index for September has revealed that pension transfer activity plummeted at the same time as scam alerts surged - with 62% of pension transfers highlighted as potential scams.