Pension transfer values fall during April - Xafinity

Increase in gilt yields

Hannah Godfrey
clock • 1 min read

Pension transfer values fell from £235,000 at the end of March to £232,000 at the end of April, according to Xafinity's Transfer Value Index (TVI).

The difference between the maximum and minimum readings of the TVI throughout the month was £6,700, or about 2.9%. The fall in value undid the rise in March, where the opposite happened - values began at £232,000 and rose to £235,000 by the end of the month.  Xafinity head of DB growth Sankar Mahalingham put the decline down to an increase in gilt yields. "There was a fall in transfer values between the start and end of April, due mainly to an increase in gilt yields, with inflation remaining relatively stable," he explained. "There was more volatility in transfer values during ...

To continue reading this article...

Join Professional Adviser for free

  • 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

More on Pensions

Bridging the generational pension confidence gap

Bridging the generational pension confidence gap

'The knowledge gap is universal'

Robert Cochran
clock 27 November 2025 • 5 min read
Warnings of 'damaging' pre-Budget pension speculation impact

Warnings of 'damaging' pre-Budget pension speculation impact

Commentators say speculation on pension issues has negatively impacted saver confidence

Jasmine Urquhart
clock 27 November 2025 • 3 min read
No change to tax-free lump sum is 'welcome' move

No change to tax-free lump sum is 'welcome' move

The chancellor chose to leave the tax-free lump sum unchanged in the Autumn Budget

Holly Roach
clock 27 November 2025 • 3 min read