Significant drop seen in transfer activity in 2022

Transfer payments fell by 50% and value requests by 35% compared to previous year

Jasmine Urquhart
clock • 2 min read
Barnett Waddingham found there were just four bulk exercises carried out in Q4 of 2022
Image:

Barnett Waddingham found there were just four bulk exercises carried out in Q4 of 2022

Transfer value related activity fell significantly during the last quarter of 2022, analysis by Barnett Waddingham has found.

The firm's analysis of defined benefit (DB) cash equivalent transfer values (CETVs) over the 12 months to 31 December 2022 found that transfer value requests fell by 35% and transfer payments fell ...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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