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The rate at which people are transferring out of their DB pensions hit a record low last month as the value of a typical transfer fell to its lowest point in

Defined benefit (DB) transfer activity fell to record lows in April, research from XPS Pensions Group finds.

Defined benefit (DB) transfer activity fell to record lows in February, research from XPS Pensions Group shows.

XPS Pension Group’s transfer value index fell by around 4% over February to £168,000 – the lowest month-end value since the index was first published in June 2016.

Interest rates come double the normal level at which they would put it up because they worry this high inflation is becoming embedded into the economy. thats quite troubling, very troubling if anyone is on a tracking mortgage where they have costs that will leave but when that happens, but that is how concerned they are about inflation. but of course it is sort of terrifyingly high and they dont seem to be controlling at the moment, the whole point of controlling interest rates is obviously to b...

News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service

News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service

DB transfers fall to eight month low as scam activity rises - XPS Dip after a period of recovery Mark Barlow: "With warning signs of poor member outcomes remaining so high, we welcome the FCAs decision to extend their thematic review with the aim of driving up standards of pensions advice." Tom Higgins April’s activity in the defined benefit (DB) transfer market fell to the lowest level since September last year, dropping by almost a quarter, while the number of transfers showing ‘red flags...

Mostly attributed to a rise in government bond yields which increased discount rates Retirement firm XPS Pension Group revealed that there was almost a 5% drop in pension transfer values in February from January 2021. This marks the “largest ever” fall since the XPS Transfer Watch started tracking the market in 2014. According to the firm, the sharp drop was due to a rise in government bond yields, which then caused an increase in the discount rates used to place value on a scheme member’...