Defined benefit (DB) transfer activity fell to its lowest level for five years in the final month of 2023, research from XPS Pensions Group has shown.
The latest data from the consultancy's Transfer Activity Index revealed the index experienced a consistent downward trend in 2023 and by the end of the year, it recorded an annualised rate of 18 me...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
