Variation in gilt yields led to a £4,000 rise in the average estimated defined benefit (DB) transfer value over the course of May, Xafinity has estimated.
The consultancy's monthly tracker recorded transfer values had risen from £237,000 to £241,000 over the month. The figure is also 14% higher than at the same date last year, after market movements ...
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