DB transfer values soar 15% over 2016
Defined benefit (DB) transfer values rose by £31,000 over 2016 thanks to a fall in gilt yields, according to Xafinity's monthly index.
The estimate sat at around £234,000 at the end of December, up 2% since November, and 15% since December 2015. However, it remains below the record high set on 4 October 2016 when the estimate hit £243,327,...
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