Defined benefit (DB) transfer values bounced back from hitting the lowest levels for over a year increasing by 2.6% at the end of November, research from XPS Pensions Group has found.
Defined benefit (DB) transfer values in October 2023 fell below £150,000 for the first time since last September’s Mini Budget, research from XPS Pensions Group has found.
The funding levels of defined benefit (DB) schemes in the first half of 2023 indicate the insurance market could be in for a “bumper” six months of buyout activity, research from Broadstone has shown.