Pension transfer values back on the rise after months of stability

Due to drop in gilt yields

Hannah Godfrey
clock • 1 min read

Pension transfer values rose last month from £232,000 at the end of February to £235,000 by the end of March, according to Xafinity's Transfer Value Index (TVI).

The difference between the maximum and minimum readings of the TVI throughout the month was £4,400, or about 1.9%. The rise in value follows a stable February, where the index began at £231,000 at the end of January and had risen to £232,000 by the end of February. Xafinity Punter Southall head of DB growth Sankar Mahalingham put the rise in value down to a drop in gilt yields. "The increase in transfer values over March was mainly due to a drop in gilt yields over the month," he explained. "The Bank of England Monetary Policy Committee (MPC) kept the Official Bank Rate at 0.5% dur...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Why pension transfers remain stuck in the slow lane

Why pension transfers remain stuck in the slow lane

'Some providers complete transfers in as little as five days on average, others take up to 90'

Lisa Picardo
clock 08 June 2026 • 5 min read
Nearly half of pension transfer scam alerts for unknown reasons

Nearly half of pension transfer scam alerts for unknown reasons

Some 35% of flagged cases related to ‘overseas investments’

Sophia Panayi
clock 08 June 2026 • 2 min read
'Moderate' retirement living standards out of reach for majority as savers face 'cliff-edge'

'Moderate' retirement living standards out of reach for majority as savers face 'cliff-edge'

Costs of minimum, moderate and comfortable retirement lifestyles have all risen

Holly Roach
clock 03 June 2026 • 4 min read