Transfer values fall in November as yields continue to rise
Defined benefit (DB) transfer values decreased slightly for a second month in a row on the back of rising gilt yields according to Xafinity's monthly index.
The index reduced from £238,000 at the end of October to £230,000 at the end of November, a drop of £8,000 or 3.5%. It tracks the DB transfer value that would be provided to a member aged 64 who is entitled...
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