Pension transfer values fall slightly over August

Index fluctuated by 1.7%

Kim Kaveh
clock • 1 min read

Pension transfer values fell from £233,000 at the end of July to £232,000 at the end of August, according to XPS Pensions Group's monthly index.

The difference between maximum and minimum readings of the index over August was £4,100 - or around 1.7%. Transfer values were at the highest on 16 August, at £235,501, and the lowest on 29 August, at £231,403, the consultancy said. The index has recorded transfer values remaining fairly stable over the year. In July, the index finished the month where it started, while during the first half of the year, the index only fluctuated by £8,300, or 3.6%.  The figures are based on an estimate of the transfer value that would be provided by a hypothetical defined benefit (DB) scheme to a mem...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

'While this policy alters the landscape, it arguably represents an adjustment rather than a fundamental reform'

Steve Charlton
clock 22 December 2025 • 3 min read
Utmost to sell life and pensions business to JAB Insurance

Utmost to sell life and pensions business to JAB Insurance

To focus on wealth solutions business

Jen Frost
clock 22 December 2025 • 2 min read
Editor's view: How disjointed is the government's salary sacrifice change?

Editor's view: How disjointed is the government's salary sacrifice change?

The editor's Friday Night Takeaway from 19 December

Jen Frost
clock 19 December 2025 • 3 min read