Pensions - Articles - Transfer values end 2015 near lowest levels say actuaries


An increase in real Gilt yields towards the end of 2015 saw transfer values (as measured by the Xafinity Transfer Value Index) fall to near their lowest level for the year. At 31 December 2015, the Xafinity Transfer Value Index stood at £202,800 – just 1.2% above the lowest reading over the whole of 2015, and more than 5% lower than the highest reading for the year.

 Paul Darlow of Xafinity comments: “Having tracked the Xafinity Transfer Value Index for an entire year, it is interesting to note that there is a difference of nearly 7% between the highest and lowest readings of the Index. Being aware of this potential variability is important for trustees and sponsors of pension schemes when considering the impact of transfer values on the financial position of their

  

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