Pensions - Articles - Transfer values recover


January 2016 saw transfer values (as measured by the Xafinity Transfer Value Index) recover somewhat from the lows seen at the end of December 2015.

 The Index at the end of January 2016 was around £209,000 which is more than £6,000 higher than just one month previously.

 

 This recovery, driven mainly by falls in Gilt yields, would have been stronger but for a decrease in expected future inflation. Over January 2016 long-dated Gilt yields fell by around 0.25% per annum whilst expectations of future inflation fell by less than 0.1% per annum. The difference between these two key metrics is the key driver of the Xafinity Transfer Value Index.

 Paul Darlow of Xafinity commented: “Whilst an increase of £6,000 appears significant, that increase only brings the Index back in line with where the Index was for most of 2015.”
  

Back to Index


Similar News to this Story

The growing gap between retirement expectations and reality
PensionBee has warned that millions of people in the UK are heading towards retirement incomes far below what is commonly understood to be adequate, i
Comments on Value for Money Framework proposals
Standard Life, Aviva, Hymans Robertson and Broadstone comment on the FCA's latest consultation on the Value for Money framework, announcing sever
Pension transfer petition nears deadline
Pension savers are being urged to act now as the clock ticks on a parliamentary petition designed to stop unnecessary delays when people seek to move

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.