Xafinity

Defined benefit (DB) transfer values reached their highest level since early November 2016 due to a fall in gilt yields and more bearish inflation expectations.

Jonathan Stapleton looks at the firms who were advertising in the first editions of Professional Pensions and how the consultancy, asset manager and provider markets have changed over the past 20 years

High-net worth savers will increasingly seek advice on transferring their defined benefit (DB) pots over the next 12 months, according to UBS.

The top stories were Aon Hewitt withdrawing its standalone pension administration service and Xafinity eyeing up acquisitions as it revealed plans to float on the LSE.

Xafinity has announced it will float on the London Stock Exchange from 16 February in a bid to grow the business and "disrupt" the wider consultancy market.

Xafinity has named Steven Scott as the latest addition to its Stirling-based consulting actuary team.

Defined benefit (DB) transfer values rose by £31,000 over 2016 thanks to a fall in gilt yields, according to Xafinity's monthly index.

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.

Xafinity has appointed Matthew Course as a senior investment consultant based in its Reading office as part of "substantial" expansion of its investment consulting practice.

Nearly one-in-three retirement savers would consider transferring final salary pension benefits to defined contribution schemes, latest research shows.