DB pension transfer values hit record highs in August

clock • 2 min read
DB pension transfer values hit record highs in August

XPS Pensions Group's Transfer Value Index hit a new record high of £264,300 on 24 August, before falling back to end the month at £259,000. The index remains high, driven by increasing inflation expectations and falling yields on government bonds, both of which generally increase transfer values. DB pension transfer activity fell for the second month in succession. The Transfer Activity Index showed that an annualised rate of 62 members out of every 10,000 transferred their pension. ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login