Falling gilt yields drive DB transfer value increase

First increase of 2022 the result of small decrease in gilt yields

Martin Richmond
clock • 2 min read
Falling gilt yields drive DB transfer value increase

Defined benefit (DB) transfer values saw a slim month-on-month increase for the first time this year, reaching a July month-end value of £210,000, according to XPS Pensions Group.

The group's latest transfer value index showed a slight decrease in gilt yields which resulted in the month-end value increasing by £7,000 on June figures. In addition, the latest figures reveal...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

FCA fines adviser £1.4m over unsuitable DB pension transfers

FCA fines adviser £1.4m over unsuitable DB pension transfers

Philip Pryke exposed clients to ‘significant’ risk of financial detriment

Isabel Baxter
clock 29 November 2024 • 2 min read
Tender Watch: LGPS funds seek pension administration software provider

Tender Watch: LGPS funds seek pension administration software provider

Multi-provider framework agreement sought in support of the LGPS

Professional Pensions
clock 28 November 2024 • 1 min read
Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Trustpilot