DB transfer values drop to lowest month-end since 2018

The consultancy's Transfer Value Index showed during December 2024, DB transfer values dropped to the lowest month-end values in seven years, despite remaining "relatively stable" throughout most of the year. XPS said its index saw a "significant decline" in the final quarter – dropping by nearly 5% during December – largely driven by a rise in gilt yields towards the end of the year along with flat inflationary expectations. Source: XPS Group The firm's Transfer Activity Index also showed the level of transfers remained relatively low during 2024, with December showing an annu...