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

Chancellor's potential salary sacrifice plan: A 'high risk gamble built on low quality data'

Chancellor's potential salary sacrifice plan: A 'high risk gamble built on low quality data'

Govt reportedly considering introducing a £2,000 salary sacrifice annual cap

Joseph Warne
clock 14 November 2025 • 4 min read
Reeves looking to cap salary sacrifice contributions to £2,000 - reports

Reeves looking to cap salary sacrifice contributions to £2,000 - reports

Chancellor has 'decided against' cutting pension lump-sum withdrawals

Jonathan Stapleton
clock 10 November 2025 • 4 min read
MPs warned against changes to salary sacrifice pensions

MPs warned against changes to salary sacrifice pensions

SPP says scrapping salary sacrifice would lead to reduction in employees’ take home pay

Martin Richmond
clock 07 November 2025 • 4 min read