Transfer value experience - Q3 2020

Published by Mark Tinsley on

We have analysed defined benefit (DB) cash equivalent transfer values (CETVs) over the twelve months to 30 September 2020. 

See how CETV amounts have changed over the quarter and year in response to changes in market conditions for a 60 year old. Our briefing note shows how CETV amounts were significantly less volatile over the quarter than they were during March 2020 when the UK and many other countries imposed Covid-19 lockdown measures.

With schemes increasingly looking to support members with at-retirement and transfer decisions, we have analysed data on IFA-supported transfer value exercises that we are aware have come to the market over the last 12 months. This covers both one-off bulk exercises and also ongoing ‘business-as-usual’ exercises. 

Plus, our charts show the number of CETV quotation and payment requests received weekly across all Barnett Waddingham administration clients over the past year.

Download our briefing note today

Get your analysis of DB cash equivalent transfer values (CETVs) over the twelve months to Q3 2020. 

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