DB transfer values have halved since pandemic, analysis finds

Barnett Waddingham finds transfer quotations fell by 20% over the last four years

Jasmine Urquhart
clock • 1 min read
Barnett Waddingham finds transfer values halved compared to pre-pandemic levels
Image:

Barnett Waddingham finds transfer values halved compared to pre-pandemic levels

Cash equivalent transfer values (CETV) have halved compared to pre-pandemic levels for defined benefit (DB) schemes, according to Barnett Waddingham.

The consultant's analysis found transfer values fell by 50% in the last four years, while transfer quotations fell by 20% in the same period. The previous quarter saw a relatively low number of quo...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Partner Insight: Using DB surplus to support DC provision

Partner Insight: Using DB surplus to support DC provision

Aggregate defined benefit (DB) funding levels have improved to over 130% resulting in over 80% of DB schemes now being in surplus.*

Yassin Isman, Associate Partner, Aon
clock 13 May 2024 • 4 min read
50% hedged scheme funding sees improvement as gilt yields return to recent highs

50% hedged scheme funding sees improvement as gilt yields return to recent highs

The funding impact for well-hedged schemes will depend on exposure to non-hedging assets

Jonathan Stapleton
clock 10 May 2024 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 10 May 2024 • 1 min read
Trustpilot