DB CETVs fell 7% in Q3, Barnett Waddingham finds

Barnett Waddingham finds total CETVs in Q3 were 80% lower than pre-pandemic levels

Jasmine Urquhart
clock • 1 min read
CETVs have been on a downward trend over the past three years, Barnett Waddingham says
Image:

CETVs have been on a downward trend over the past three years, Barnett Waddingham says

The value of defined benefit (DB) cash equivalent transfer values (CETVs) fell by 7% in the third quarter of 2023, analysis by Barnett Waddingham has found.

Over the 12 months to 30 September 2023, a 60-year-old DB member with inflation-linked pension increases would have seen a typical CETV decrease by 18%, while this was around 15% for a member with ...

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

More on Defined Benefit

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

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
clock 15 April 2025 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 04 April 2025 • 1 min read
Caravan and Motorhome Club scheme transitions to Standard Life plan

Caravan and Motorhome Club scheme transitions to Standard Life plan

Contract sees scheme join firm’s Group Flexible Retirement Plan

Jasmine Urquhart
clock 02 April 2025 • 1 min read
Trustpilot