Pension transfer values fall slightly over August

Index fluctuated by 1.7%

Kim Kaveh
clock • 1 min read

Pension transfer values fell from £233,000 at the end of July to £232,000 at the end of August, according to XPS Pensions Group's monthly index.

The difference between maximum and minimum readings of the index over August was £4,100 - or around 1.7%. Transfer values were at the highest on 16 August, at £235,501, and the lowest on 29 August, at £231,403, the consultancy said. The index has recorded transfer values remaining fairly stable over the year. In July, the index finished the month where it started, while during the first half of the year, the index only fluctuated by £8,300, or 3.6%.  The figures are based on an estimate of the transfer value that would be provided by a hypothetical defined benefit (DB) scheme to a mem...

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

Residential property concessions for SIPPs and SSASs

Residential property concessions for SIPPs and SSASs

Concessions apply to ‘job related' accommodation

Caitlin Southall
clock 18 May 2026 • 4 min read
Why waiving the right to tax-free cash is not a straightforward decision

Why waiving the right to tax-free cash is not a straightforward decision

Depends on a number of factors

Lisa Webster
clock 14 May 2026 • 3 min read
King's Speech has limited impact on pensions

King's Speech has limited impact on pensions

Pensions UK says there may be pension implications from other aspects of the legislative programme

Jonathan Stapleton
clock 13 May 2026 • 1 min read