Mixed picture on DB transfer activity amid volatile year

Transfer quotations hit lows in Q3 2022 but have recovered into November

Martin Richmond
clock • 2 min read
Mixed picture on DB transfer activity amid volatile year

Defined benefit (DB) transfer activity fell to its lowest level in seven years during the third quarter but has staged a recovery into November, consultant research reveals.

Lane Clark & Peacock (LCP) analysis among 78 DB schemes administered by the firm found the number of members asking for transfer quotations and going through with them in Q3 2022 was at the lowest ...

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