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Continued transfer value stability over July

Pension transfer values as measured by the XPS Pensions Group Transfer Value Index remained stable during July 2018, with the index finishing the month where it started. The index stood at £233,000 both at the end of June and the end of July.

The difference between maximum and minimum readings of the XPS Pensions Group Transfer Value Index over July 2018 was only £3,200 (or around 1.4%).

 

Following the merger of Xafinity and Punter Southall in January 2018, XPS Pensions Group became the largest purely pension consulting and administration firm in the UK. They advise over 1200 pension schemes and administer pensions for over 600,000 members and we employ 900 staff across 15 UK locations.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.