Pension transfer values see further volatilty in January

XPS index ended month at £235,000

Hannah Godfrey
clock
Sankar Mahalingham: "It is possible that there will be more volatility in coming months as various UK and global political events continue to unfold.”
Image:

Sankar Mahalingham: "It is possible that there will be more volatility in coming months as various UK and global political events continue to unfold.”

Defined benefit pension transfer values fluctuated during January 2019 but ended the month with no overall change, according to the XPS Pensions Group Transfer Value Index.

The difference between maximum and minimum readings across the month was £6,800 - or around 2.9%. Despite the ups and downs throughout the month, the index ended January at £235,000 - the same value as the...

To continue reading this article...

Join Professional Adviser

 

  • 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 Retirement

Industry Voice: New Consumer Duty - are advisers ready for the changes?

Industry Voice: New Consumer Duty - are advisers ready for the changes?

Jamie Jenkins, Director of Policy & External Affairs, Royal London
clock 26 May 2022 • 4 min read
Little variation between advisers CRPs and CIPs, FE finds

Little variation between advisers CRPs and CIPs, FE finds

‘Generation DC’

Jenna Brown
clock 18 May 2022 • 2 min read
Value for money: Half of savers don't care about costs

Value for money: Half of savers don't care about costs

B&CE research finds savers are more engaged with mortgage and banking charges

Hope William-Smith
clock 16 May 2022 • 1 min read