Defined benefit (DB) transfer values reached their highest level since early November 2016 due to a fall in gilt yields and more bearish inflation expectations.
High-net worth savers will increasingly seek advice on transferring their defined benefit (DB) pots over the next 12 months, according to UBS.
Defined benefit (DB) transfer values rose by £31,000 over 2016 thanks to a fall in gilt yields, according to Xafinity's monthly index.