DB transfer values continue to fall in May

Latest XPS figures have revealed the lowest rate of transfers since June 2016

Julia Bahr
clock • 2 min read
DB transfer values continue to fall in May

The recent fall in defined benefit (DB) pension transfer values continued to accelerate in May, with the month-end value at £217,00 - the lowest since June 2016, according to XPS Pensions Group. 

The fall of 7% over May was due to a further increase in gilt yields and a further fall in long term inflation expectations, despite the continued current high inflation rates, XPS said. In April i...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB schemes enter 'new era' as focus shifts from managing deficits to long-term strategy

DB schemes enter 'new era' as focus shifts from managing deficits to long-term strategy

Hymans Robertson says long-term planning is now ‘centre stage’

Holly Roach
clock 30 October 2025 • 2 min read
Workplace pensions are 'bright star in a dark sky' for corporate UK

Workplace pensions are 'bright star in a dark sky' for corporate UK

LCP says corporations can benefit from high funding levels and schemes’ endgame opportunities

Jasmine Urquhart
clock 27 October 2025 • 1 min read
MHCLG releases LGPS statistics for 2024/25

MHCLG releases LGPS statistics for 2024/25

2024/25 statistics reveal 11.7% increase in expenditure and 5.2% increase in total income

Jasmine Urquhart
clock 22 October 2025 • 1 min read
Trustpilot