SRC Wealth Management | a Chartered Financial Planning company that provides specialist advice on defined benefit pension transfers

Transfer values continue to rise


Pension transfer consultants Xafinity have reported that final salary transfer values rose by 3 per cent in August.  They state that reductions in gilt yields combined with relatively stable inflation as being the main drivers to the increase.  It is expected that the transfer market will grow even more in the future, as schemes will be compelled to quote the value of DB benefits to their members annually.