XPS finds transfer activity hit lowest levels since index’s inception in May 2018
XPS finds typical value of DB transfer fell to £158,000, reversing trend of consecutive rises
XPS finds transfer activity hit record lows despite recovering transfer values
Transfer values increased by 2.6% last month due to a fall in gilt yields
Transfer values dipped below £150,000 due to an increase in gilt yields
Broadstone praises TPR’s approach as XPS data shows monthly drop in red flag reports
Transfers fell by almost 12% in April, according to analysis
Transfer values rose by 4% to £175,000 as a result of a fall in gilt yields
Decline primarily due to steady rise in gilt yields through February
Data comes from the XPS Pensions Group’s scam flag index