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...

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