Defined benefit (DB) transfer values rose nearly 3% from the end of December to the end of January, according to XPS pension Group’s transfer value index (TVI).
The TVI climbed £7,000 from £238,800 at the end of December to £245,800 at the end of January, reversing the trend of declines experienced in the last quarter of 2019. XPS said the movement was driven...
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An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
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