DB transfer values hit record highs during August

XPS Pensions Group index

Hope William-Smith
clock • 1 min read
DB transfer values hit record highs during August

A new record high transfer value of £264,300 was hit on 24 August, according to an XPS Pensions Group index.

This came as the Financial Conduct Authority (FCA) opened its review for redress for members receiving unsuitable transfer advice. XPS's transfer value index tracks the transfer value that would...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

Hope William-Smith
Author spotlight

Hope William-Smith

View profile
More from Hope William-Smith

Cost of living exposing savers to more scams, TPR warns

DWP lays down proposals for new rules around DB funding

More on Pensions

Curtis Banks chief executive Will Self steps down
Pensions

Curtis Banks chief executive steps down

With immediate effect

Jenna Brown
Jenna Brown
clock 09 August 2022 • 1 min read
Nicola Parish: “Our new scams combat plan sets out to make savers aware of the risk of scams"
Regulation

Cost of living exposing savers to more scams, TPR warns

TPR scams strategy

Hope William-Smith
Hope William-Smith
clock 03 August 2022 • 2 min read
Jessica List: "I wonder if a full overhaul isn't the best solution to fixing the challenges with the current tax relief system."
Pensions

Jessica List: Is tax relief reform consensus actually possible?

We have a problem...

Jessica List
clock 01 August 2022 • 4 min read