Pensions - Articles - Transfer values increase slightly, say actuaries at Xafinity

 This increase reverses out most of the drop seen in June, meaning that transfer values are back at broadly the same level they were in May.

 Paul Darlow, Head of Proposition Development at Xafinity comments: “Transfer values have recovered somewhat after the gradual decrease seen since March. This means that the Xafinity Transfer Value Index is currently in line with the average reading of the Index over 2015. Most of the volatility in the Index this year has been caused by fluctuations in Gilt yields and expectations of future inflation – I expect volatility to continue in future in response to changes in wider economic and financial circumstances.”