XPS finds rise in DB transfer activity after 'record low' in April

Transfer Value Index remains stable but activity remains low

Jasmine Urquhart
clock • 1 min read
XPS' transfer value and activity watch has found stability over the last month, but continuing low transfer activity
Image:

XPS' transfer value and activity watch has found stability over the last month, but continuing low transfer activity

Defined benefit (DB) transfer activity increased in May, but reflected a long-term trend of low transfer volumes, according to XPS Pensions Group.

The consultancy's monthly Transfer Activity Index saw 19 members out of 1,000 transfer their benefits, up from 14 out of 1,000 the previous month, but below 20 members for the sixth consecutive mon...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Tender Watch: Barnett Waddingham and PIC expand partnership

Tender Watch: Barnett Waddingham and PIC expand partnership

PIC takes on full administration services for two schemes ahead of buyout

Professional Pensions
clock 12 March 2026 • 1 min read
DB surpluses hit £220bn as schemes remain 'resilient'

DB surpluses hit £220bn as schemes remain 'resilient'

XPS Group analysis shows DB schemes have seen ‘steady improvement’ over the last 12 months

Holly Roach
clock 12 February 2026 • 1 min read
DB schemes make further progress on funding, Broadstone finds

DB schemes make further progress on funding, Broadstone finds

Firm’s Sirius Index shows slight increases across its modelled schemes

Holly Roach
clock 06 February 2026 • 1 min read
Trustpilot