Pension transfer value index hits record high

XPS Pensions Group's index climbs to £270,000

clock • 2 min read
Pension transfer value index hits record high

XPS Pension Group’s transfer value index climbed to another high of £270,000 at the end of November alongside expected inflation increases, data released by the consultancy shows.

The index estimates the cash transfer value of a 64-year-old member with an annual pension of £10,000 with typical inflation increases. It takes into consideration changes in the market over time, while...

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

More on Employee Benefits

WSB Awards 2021 - Winners' Supplement

WSB Awards 2021 - Winners' Supplement

Find out how some of the winners of the Workplace Savings & Benefits Awards 2021 won their accolades in our special supplement celebrating their successes.

Jonathan Stapleton
clock 05 December 2021 • 1 min read
The WSB Awards 2021 were presented at a dinner on 6 October. Photo: Naomi Gabrielle

WSB Awards 2021 — The Winners

The awards aim to recognise the employers which have the best benefits teams

Jonathan Stapleton
clock 07 October 2021 • 2 min read
WSB Awards 2021: The shortlists

The WSB Awards recognise both employer and provider excellence

Here they are. The finalist lists for the WSB Awards 2021.

Professional Pensions
clock 13 August 2021 • 2 min read
Trustpilot