Pension transfer values back on the rise in May

Difference of 2.4%

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Rise in value down to a fall in gilt yields
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Rise in value down to a fall in gilt yields

Pension transfer values fluctuated throughout May, ultimately resulting in a rise by the end of the month, according to the XPS Pensions Group (formally Xafinity) transfer value index (TVI).

The month began with a transfer value of £232,000, and ended at £234,000. The difference between maximum and minimum readings of the TVI during May was £5,700, or about 2.4%. XPS Pensions Group head...

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