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

Turning data into dialogue: Helping clients visualise retirement realities

Turning data into dialogue: Helping clients visualise retirement realities

'Data is more than just a collection of figures, it's a powerful tool for engagement'

Joshua Croft
clock 20 June 2025 • 3 min read
Average pension transfer took just 11 days at tax year-end

Average pension transfer took just 11 days at tax year-end

Origo says transfer times decreased around tax year-end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read
IFAs 'have role to play' in tackling 'blissful ignorance' around pensions

IFAs 'have role to play' in tackling 'blissful ignorance' around pensions

Advisers must ‘open people’s eyes to the reality’

Isabel Baxter
clock 16 June 2025 • 4 min read