Defined benefit (DB) transfer values decreased slightly for a second month in a row on the back of rising gilt yields according to Xafinity's monthly index.
The index reduced from £238,000 at the end of October to £230,000 at the end of November, a drop of £8,000 or 3.5%. It tracks the DB transfer value that would be provided to a member aged 64 who is...
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