DB transfer values hit record low during last month, XPS finds

Consultancy says increasing gilt yields key factor in trend of decreasing transfer values

Martin Richmond
clock • 2 min read
DB transfer values hit record low during last month, XPS finds

Defined benefit (DB) transfer values hit a record low in mid-January before recovering in the latter half of the month, research from XPS Group shows.

The latest update from the consultancy's Transfer Value Index revealed DB transfer values declined throughout the first few weeks of the year and hit a record low of £142,000 before seeing a narrow...

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

Martin Richmond
Author spotlight

Martin Richmond

Reporter at Professional Pensions

View profile
More from Martin Richmond

PMI launches development partnerships initiative

Stonegate Pub Company schemes complete £62m of full buy-ins with Utmost

More on Defined Benefit

Partner Insight: DB pension schemes - Is investing like an insurer easier said than done?
Defined Benefit

Partner Insight: DB pension schemes - Is investing like an insurer easier said than done?

The UK government’s Pension Schemes Bill opens the door to more flexible treatment of defined benefit pension scheme surpluses. Now, the question for many trustees and finance teams is: Could running-on their scheme work for the benefit of its members...

M&G Investments
clock 14 November 2025 • 4 min read
SPP publishes surplus release paper
Defined Benefit

SPP publishes surplus release paper

Paper covers risk of releasing surplus, conflicts of interest and funding levels

Jasmine Urquhart
Jasmine Urquhart
clock 13 November 2025 • 4 min read
Partner Insight: Fiduciary management - Adding bright sparks to your scheme
Defined Benefit

Partner Insight: Fiduciary management - Adding bright sparks to your scheme

Appointing SEI as fiduciary manager gave the trustees of the Schneider Electric pension schemes the confidence and the agility needed to guarantee member benefits. Richard Taylor, Pensions Manager at Schneider, explains the advantages.

SEI Investments
clock 13 November 2025 • 5 min read
Trustpilot