CETVs 'significantly lower' since last year as Q1 sees 2% decrease

Transfer Value Index finds average volumes are £160,000 but 50% lower than last year

Jasmine Urquhart
clock • 1 min read
XPS finds CETVs slightly increased in March
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XPS finds CETVs slightly increased in March

Pension transfer values rose slightly in March, but activity remains 50% lower than this time last year, XPS Pensions Group has found.

The firm's Transfer Value Index, which shows the estimated cash-equivalent transfer value (CETV) of a 64-year-old with a £10,000 per year pension, found average volumes reached £160,000 in March. ...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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