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...

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