Tesco DB Pension not performing - transfer?

Hoenir

Given the number of threads on CETV's over the years there still appears to be condsiderable miscomprehension of the topic. Linkage to LDI's is a new concept though. If the plan is to self manage the funds through a SIPP.  Then there's a whole new world to get to grips with. The benign post GFC era appears to be fading fast. 

MarkCarnage

Hoenir said:

Given the number of threads on CETV's over the years there still appears to be condsiderable miscomprehension of the topic. Linkage to LDI's is a new concept though. If the plan is to self manage the funds through a SIPP.  Then there's a whole new world to get to grips with. The benign post GFC era appears to be fading fast. 

This.
As you say, the understanding of the basis for CETVs isn't good in many/most cases. Even when CETVs were very compelling, it is one thing to crystallise what is a very significant sum, and another thing to have a robust investment management strategy for it to meet long term real income requirements on a stable basis with uncertainty over the required timespan. 
"The nastiest, hardest problem in finance" as Nobel prize winner William Sharpe described it. When CETVs were high, there was more margin for error. Less so now. 

dunstonh

I have a SIPP currently performing with a very good return but would it be a good thing to get that Tesco pension transferred to it to recoup?

Thankfully, there are safeguards in place that would prevent you from making such a silly mistake like that.   

My Transfer Value has almost halved in 4 years and probably brought on by the £9Billion losses from LDI’s that surfaced in the news in 2023. It’s still underperforming in 2024.

Nothing to do with that at all. 
a) there is no performance issue as its a DB pension
b) your benefits are unchanged
c) CETVs were artificially high due to low gilt yields brought on by QE.   They are now back to the more typical ballpark. But CETVs don't matter to you.   So, why are you even looking at them?

There is no issue here. Just a gap in your understanding.  A bit of reading up should fix that.