December concludes turbulent year for DB transfer values

Roughly 1% eligible consumers transferring

Hannah Godfrey
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“Throughout 2019 Brexit dictated the direction of travel for the TVI as confidence in the UK government fluctuated, impacting gilt yields" - XPS's Mark Barlow.
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“Throughout 2019 Brexit dictated the direction of travel for the TVI as confidence in the UK government fluctuated, impacting gilt yields" - XPS's Mark Barlow.

Pension transfer values fell in December, while the number of individuals taking a transfer value from schemes rose, according to XPS Pension Group.

December 2019 marked the fourth month in a row that saw the firm's Transfer Value Index (TVI) fell while in tandem more individuals took their transfer value from schemes administered by XPS Pensions Group....

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