May, like April, proved a volatile month for defined benefit (DB) pension transfers, with transfer values being affected by a variation in gilt yields, the latest Xafinity Transfer Value Index has shown.
According to the index, transfer values saw a 3.5% variation during the month of May, equal to a value of £9,000. Overall, values increased 1.7% in May, from £237,000 to £241,000. Gilt yields meanwhile,...
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