DB CETVs decreased by 30% last year

Analysis by Barnett Waddingham finds gilt yields prompted reduction in transfer values

Jasmine Urquhart
clock • 2 min read
DB CETVs decreased by 30% last year

There has been a 30% fall in cash equivalent transfer values (CETVs) in the 12 months to 31 March 2023, analysis by Barnett Waddingham has found.

The research found that seven bulk exercises came to the market in the 12 months to March 2023, with exercises for between 100 and 1,000 members the most common. However, Q1 2023 saw no new exercis...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Could the rush to buyout soon be over?

Could the rush to buyout soon be over?

While buyout is still viewed as a gold-standard, many are now considering run-on as an option

Stephanie Hawthorne
clock 22 April 2024 • 9 min read
Tender Watch: Access pool looks to appoint two private equity allocators

Tender Watch: Access pool looks to appoint two private equity allocators

LGPS pool expects total assets for the mandates could reach £6bn

Professional Pensions
clock 22 April 2024 • 1 min read
Industry welcomes proposals to grant DB schemes easier access to surpluses

Industry welcomes proposals to grant DB schemes easier access to surpluses

Providing schemes access to surpluses could be of ‘great benefit’ to sponsors and members

Martin Richmond
clock 18 April 2024 • 8 min read
Trustpilot