Pensions - Articles - Pension transfer values remain high during October

 The “Xafinity Transfer Value Index*” tracks the transfer value that would be provided by an example DB scheme to a member aged 64 who is currently entitled to a pension of £10,000 each year starting at age 65 (and which increases each year in line with inflation).

 
 
 
 Paul Darlow of Xafinity comments: “October saw very significant increases in nominal Gilt yields which all other things being equal would have reduced transfer values. However, most members’ benefits increase in payment in line with inflation. Inflation expectations increased over October, meaning that transfer values for members with inflation-linked benefits (as measured by the Xafinity Transfer Value index) stayed at very high levels.”