Redress Tracker
Updated: 28 March 2024
See note Deriving a loss index for defined benefit transfers for methodology.
|
Valuation Date
|
Index (100 is 01/04/2017)
|
|---|---|
|
01/07/2023
|
76.28
|
|
01/10/2023
|
68.23
|
|
01/01/2024
|
70.81
|
|
26/03/2024
|
68.26
|
Congruent comments:
The fall in the index is primarily caused by increases in long term interest rates and asset prices (equity linked) increasing over the last quarter which implies that redress will be lower in the next valuation quarter (1 April 2024) compared to the previous (1 January 2024).
The Redress Tracker is a proprietary calculation developed by Congruent. It should only be used for information and should not be taken as advice. These results are provided for the benefit of the reader and subject to updates including change in methodology (where appropriate). Congruent makes no representation or warranty to any party as to the accuracy or completeness of these results.