DB transfer values maintain decline in June

Increases in gilt yields led to lowest transfer value in nearly eight years

Martin Richmond
clock • 1 min read
DB transfer values maintain decline in June

Defined benefit (DB) pension transfer values continued to fall in June this year, hitting their lowest figure since November 2014, according to XPS Pensions Group.

According to the group's latest transfer value index, sustained increases in long-term gilt yields resulted in the month-end average value falling to £203,000, a decrease of £14,000 from last month...

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Martin Richmond
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