DB transfers hit highest values in four years in March

Transfer values last month broke a number of records in a month that, in addition to the highest intra-month peak, saw the highest month-end value and the largest monthly fluctuation since the inception of the index in April 2015. The index peaked at £251,000 during March before losing some of those gains to end the month at £244,900 - an increase of £9,700 on the value at the end of February. Over the first quarter of 2019, meanwhile, the index increased by £9,700, with the difference between maximum and minimum readings coming in at £18,700, or around 7.5%. XPS's index tracks the...