DB transfer values heading towards record highs

Rose sharply in July

Holly Roach
clock • 2 min read
Scam activity dropped by one percentage point over the course of July but remains high
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Scam activity dropped by one percentage point over the course of July but remains high

Defined benefit (DB) transfer values rose sharply in July and neared record highs, according to XPS Pensions Group.

The firm's Transfer Watch revealed that transfer values reached £260,000 in July, just shy of the £261,500 record high in July 2020. For comparison transfer values sat at £248,000 in June 2021 and £251,000...

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