Pension transfer values rise 2% in October

Fluctuated by 3.6%

"We mentioned last month it was possible there would be a return to volatility as we approach the deadline for agreeing a deal for Britain leaving the European Union" - XPS Pensions Group's Sankar Mahalingham
"We mentioned last month it was possible there would be a return to volatility as we approach the deadline for agreeing a deal for Britain leaving the European Union" - XPS Pensions Group's Sankar Mahalingham
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Defined benefit (DB) pension transfer values rose by more than 2% in October, according to the XPS Pensions Group transfer value index (TVI).

The index started the month with its indicative transfer value standing at £230,000 before ending at £235,000, which represented a 2.1% increase. The rise was not a smooth one, however - the difference...

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