page-banner

All change for DB
transfers - Issue 27

Our viewpoint

Average transfer values drop by more than 25% as gilt yields rise

  • The average transfer value quoted in Q1 2022 was £293,000, down 28% from £408,000 in Q4 2021.  This was the lowest figure since Q3 2019 and the largest drop between any two successive quarters since we started our analysis in 2014.
  • Demand for quotations remained stable over the two most recent quarters, at a rate slightly above the average for the last 2-3 years.
  • The take-up rate for quotations issued in Q3 2021 – the latest quarter with complete payment data – was only 15%.  This was the second lowest rate since 2015, but partial data for Q4 2021 suggests a potential bounce-back in the take-up rate.

Speak to our experts Bart Huby or Jim Little for more information.

Read our Quarterly Review