XPS finds rise in DB transfer activity after 'record low' in April

Transfer Value Index remains stable but activity remains low

Jasmine Urquhart
clock • 1 min read
XPS' transfer value and activity watch has found stability over the last month, but continuing low transfer activity
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XPS' transfer value and activity watch has found stability over the last month, but continuing low transfer activity

Defined benefit (DB) transfer activity increased in May, but reflected a long-term trend of low transfer volumes, according to XPS Pensions Group.

The consultancy's monthly Transfer Activity Index saw 19 members out of 1,000 transfer their benefits, up from 14 out of 1,000 the previous month, but below 20 members for the sixth consecutive mon...

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