The recent fall in defined benefit (DB) pension transfer values continued to accelerate in May, with the month-end value at £217,000, the lowest since June 2016, according to pension consultancy XPS.
The recent fall in defined benefit (DB) pension transfer values continued to accelerate in April, with the month-end value at £232,000 representing a drop of 5% compared to the end of March, according to pensions consultancy XPS.