Pensions - Articles - Transfer Value Index falls to lowest month end since 2016

 Long-term inflation expectations have been largely stable over recent months, with the decrease primarily due to a steady rise in gilt yields throughout February.

 XPS’s Transfer Activity Index increased only slightly during February, showing an annualised rate of 42 members per 100,000 transferring out of the current scheme to an alternative arrangement. This activity is in line with what we have seen over the past year, suggesting a stabilisation in transfer rates.

 92% of cases reviewed by the XPS Scam Protection Service in February raised at least one scam warning flag, according to XPS’s Scam Flag Index. This represents a slight fall from the previous three months, although the Index has remained above 90% since June 2022.