DB transfer activity falls to lowest level in six months

Transfer values rose by 4% to £175,000 as a result of a fall in gilt yields

Martin Richmond
clock • 1 min read
DB transfer activity falls to lowest level in six months

Defined benefit (DB) transfer activity in March fell to its lowest level since September last year, according to data from XPS Pensions Group.

The consultancy's Transfer Activity Index showed an annualised rate of 38 members per 100,000 who transferred out of the current scheme into an alternative arrangement. The company noted while the ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Martin Richmond
Author spotlight

Martin Richmond

Reporter at Professional Pensions

View profile
More from Martin Richmond

'Healthy' demand for bulk annuity transactions despite volatility, Isio says

DB transfer values fall to another record low in March, XPS finds

More on Defined Benefit

Industry supports DB surplus release so long as clear parameters set, Aon finds
Defined Benefit

Industry supports DB surplus release so long as clear parameters set, Aon finds

Poll finds industry favours prudent thresholds and detailed consideration when it comes to future plans for surplus release

Holly Roach
Holly Roach
clock 23 April 2025 • 3 min read
Sponsoring employers facing less pressure after 'radical' funding improvements
Defined Benefit

Sponsoring employers facing less pressure after 'radical' funding improvements

Broadstone says employer contributions needed to plug scheme shortfalls have ‘plummeted’

Holly Roach
Holly Roach
clock 22 April 2025 • 1 min read
Tender Watch: LGPS re-appoints Equiniti as admin software supplier
Defined Benefit

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

LGPS re-appoints Equiniti as software supplier on national framework for a further four years

Professional Pensions
Professional Pensions
clock 15 April 2025 • 1 min read
Trustpilot