DB pension transfer activity falls to lowest level in nine months

Transfers fell by almost 12% in April, according to analysis

Jenna Brown
clock • 1 min read
DB pension transfer activity falls to lowest level in nine months

Activity in the defined benefit (DB) transfer market fell to its lowest levels for nine months in April with a drop of 12%, according to analysis from XPS Pensions Group.

The pension consultancy's DB transfer activity index was down 12% last month with an annualised rate of 34 members per 100,000 transferring out of their current scheme into an alternative arrangeme...

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