Transfer values below £200k for first time since 2016

Average transfer values drop while 90% of requests have scam warning flags

clock • 1 min read
Transfer values below £200k for first time since 2016

The average transfer value fell to £197,000 at the end of August, over £70,000 below the high reached eight months previously, according to XPS Pension Group’s transfer value index.

The sustained fall in the index over 2022 has been driven by rises in long-term gilt yields, which reached 3.3% per annum at the end of August. Rising gilt yields have meant that many transfer valu...

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 Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

PLSA rebrands to Pensions UK, FCA targeted support plans, and Hymans launches sole trustee service

Professional Pensions
clock 04 July 2025 • 1 min read
Broadstone records DB scheme funding improvements amid calmer market conditions

Broadstone records DB scheme funding improvements amid calmer market conditions

Both the fully hedged and half hedged schemes saw improvements in funding

Holly Roach
clock 04 July 2025 • 1 min read
Mixed opinion on whether there is a link between pension fund scale and performance

Mixed opinion on whether there is a link between pension fund scale and performance

PP survey shows some see a link while others do not see a connection

Martin Richmond
clock 03 July 2025 • 2 min read
Trustpilot