DB transfers increased at end of last year

Barnett Waddingham finds CETVs rose 15% in Q4 2023 compared to previous quarter

Jasmine Urquhart
clock • 1 min read
DB CETVs rose at the end of last year, Barnett Waddingham finds
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DB CETVs rose at the end of last year, Barnett Waddingham finds

The value of defined benefit (DB) cash equivalent transfer values (CETVs) increased at the end of last year, Barnett Waddingham analysis finds.

The analysis of the change in CETV amounts for an average 60-year-old over the year to 31 December 2023 found 15% more members transferred out of their DB scheme in Q4 2023 compared to the previous...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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