XPS Pensions Group has launched an 'EqualGMP' service for pension schemes to navigate through the process of equalising guaranteed minimum pensions (GMP).
Pension transfer values remained stable throughout July, with the index finishing the month where it started, according to XPS Pension Group's transfer value index (TVI).
Pension transfer values fluctuated mildly during June, continuing the stability seen throughout 2018 so far, according to XPS Pensions Group's transfer value index (TVI).
Pension transfer values fell from £235,000 at the end of March to £232,000 at the end of April, according to Xafinity's Transfer Value Index (TVI).
Defined benefit (DB) transfer values remained stable throughout February, according to Xafinity's transfer value index.
Defined benefit (DB) transfer values fell from £236,000 at the end of December, to £231,000 by the end of last month, according to Xafinity Punter Southall.
Members should have access to good guidance for DB transfers to limit potential issues and improve member outcomes, writes Kim Kaveh.
The estimated transfer value quote for the average defined benefit (DB) member stayed fairly stable over November, according to Xafinity.