June cements stable H1 for pension transfer values

‘Notable reduction in volatility’

Hannah Godfrey
clock • 1 min read

Pension transfer values fluctuated mildly during June, continuing the stability seen throughout 2018 so far, according to XPS Pensions Group's transfer value index (TVI).

The index began the month with a transfer value of £234,000, and ended at £233,000. The difference between the maximum and minimum readings of the TVI was £4,000, or around 1.9%. XPS Pensions Group head of DB growth Sankar Mahalingham (pictured) said transfer values had been stable during the first half of the year, during which the index only fluctuated by £8,300, or around 3.6%. "If we compare this to 2017, when in both halves of the year the index fluctuated by £14,000, or around 6%, we can see that although transfer values remain close to historic highs in 2018, there has been a n...

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

Planning ahead of IHT changes: Using pensions to support charities

Planning ahead of IHT changes: Using pensions to support charities

Practical planning steps for advisers

Pooja Shah
clock 16 April 2026 • 5 min read
FCA to take action against Hartley Pensions and involved individual

FCA to take action against Hartley Pensions and involved individual

Entered administration in 2022

Jen Frost
clock 15 April 2026 • 2 min read
From A-day to IHT: How government forgot the meaning of 'consultation'

From A-day to IHT: How government forgot the meaning of 'consultation'

'What is particularly galling is that there were viable alternatives'

Rachel Vahey
clock 14 April 2026 • 3 min read