Pension transfer values fall during April - Xafinity

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 ...