Pension transfer activity hits lowest level since 2018

The latest updates from the XPS transfer watch analysis

Julia Bahr
clock • 2 min read
Pension transfer activity hits lowest level since 2018

An annualised rate of 50 members out of every 10,000 transferred their pensions in December according to the XPS Pensions Group's transfer activity index — the lowest rate since XPS started tracking this activity four years ago.

Head of member options Mark Barlow said a "slump" in transfer activity was common over the festive period. "But this is the lowest rate of transfers we have seen since we started the index in 20...

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