DB transfer activity falls to another record low in August, XPS finds

Transfer Activity Index fell to record low for second time this year since index’s inception

Martin Richmond
clock • 1 min read
DB transfer activity falls to another record low in August, XPS finds

Defined benefit (DB) transfer activity fell to its lowest recorded level for the second time this year in August, research from XPS Group has shown.

The latest data from the consultancy's Transfer Activity Index, which shows the annualised proportion of members transferring out of XPS-administered schemes, revealed the index fell to a record lo...

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

Martin Richmond
Author spotlight

Martin Richmond

Reporter at Professional Pensions

View profile
More from Martin Richmond

TPR publishes regulatory intervention report following landmark judgment

Implications from Virgin Media case should be government's top priority, says SPP

More on Defined Benefit

Partner Insight: One in three DB members concerned about money in retirement
Defined Benefit

Partner Insight: One in three DB members concerned about money in retirement

Just Group’s recent study of 1,500-plus individuals found that more communication and support is needed for DB scheme members as they approach retirement.

Just Group
clock 30 September 2024 • 4 min read
Pensions Review – DB is out of scope but shouldn't be forgotten
Defined Benefit

Pensions Review – DB is out of scope but shouldn't be forgotten

Brightwell’s Morten Nilsson says maintaining dialogue with DB is in everyone’s interest

Morten Nilsson
clock 26 September 2024 • 3 min read
Rothesay generates £9.5bn in new business premiums in H1 2024
Defined Benefit

Rothesay generates £9.5bn in new business premiums in H1 2024

Insurer says ‘buoyant’ bulk annuity market will create ‘considerable’ future opportunities

Martin Richmond
Martin Richmond
clock 25 September 2024 • 2 min read
Trustpilot