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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Tender Watch: Utmost Life and Pensions appoints Atos

Tender Watch: Utmost Life and Pensions appoints Atos

Partnership means digital transformation firm will lead cloud transformation journey

Professional Pensions
clock 13 February 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 11 February 2025 • 1 min read
Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

LCP Pensions Explorer measured £5bn increase in FTSE 100 surplus since last month

Jasmine Urquhart
clock 07 February 2025 • 1 min read
Trustpilot