The implications of falling transfer values

Kerry Lindsay looks at how schemes can mitigate the impacts of market movements

clock • 3 min read
 Hymans Robertson head of scheme actuary services Kerry Lindsay
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Hymans Robertson head of scheme actuary services Kerry Lindsay

With interest rates hitting the headlines, transfer values have fallen by around 40% in 2022 so far. But what are the implications that this might bring for pension scheme funding?

Throughout most of 2022 we saw a gradual rise in interest rates, leading transfer values to fall in value. The dramatic rise in yields following the much talked about Mini Budget on 23 September di...

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