Defined benefit (DB) transfer values rose during February as a result of market turbulence caused by the coronavirus, according to XPS Pensions Group.
XPS Pension Group's transfer value index (TVI) rose from £245,800 at the end of January to £249,700 at the end of February, representing a 1.6% increase. XPS said the movement was driven by a 0.1% fall...
Tabled by Stephen Timms
'Left to fend for themselves'
Changed in November last year
82% made no changes
Pandemic accelerates retirement plans
Will grow network by offering a bespoke service
Basic rate taxpayers better off
Despite relevant information supplied
Co-produced with PFS