Pension transfer values fall slightly over August

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...