DB CETVs fell 7% in Q3, Barnett Waddingham finds

Barnett Waddingham finds total CETVs in Q3 were 80% lower than pre-pandemic levels

Jasmine Urquhart
clock • 1 min read
CETVs have been on a downward trend over the past three years, Barnett Waddingham says
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CETVs have been on a downward trend over the past three years, Barnett Waddingham says

The value of defined benefit (DB) cash equivalent transfer values (CETVs) fell by 7% in the third quarter of 2023, analysis by Barnett Waddingham has found.

Over the 12 months to 30 September 2023, a 60-year-old DB member with inflation-linked pension increases would have seen a typical CETV decrease by 18%, while this was around 15% for a member with ...

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Jasmine Urquhart
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Jasmine Urquhart

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