PIC eyeing £1.2bn flotation - reports

clock

Pension Insurance Corporation (PIC) is weighing up a £1.2bn flotation to raise fresh capital to support its rapid growth, according to reports in The Daily Telegraph.

The newspaper said the possibility of an initial public offering (IPO) had been discussed with investors at a meeting in Guernsey. This follows a busy period which have seen the bulk annuity pro...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Armfield scheme agrees £7m buy-in deal with Just Group

Armfield scheme agrees £7m buy-in deal with Just Group

The deal secured the benefits for 24 pensioners and 15 deferred members

Holly Roach
clock 31 October 2024 • 2 min read
St Modwen Pension Scheme constructs £18m buy-in deal with Just Group

St Modwen Pension Scheme constructs £18m buy-in deal with Just Group

Full scheme buy-in secures benefits for 215 pensioners and 55 deferred members

Holly Roach
clock 29 October 2024 • 2 min read
Deutsche Bank and L&G agree £1.1bn buy-in deal

Deutsche Bank and L&G agree £1.1bn buy-in deal

Full buy-in secures the benefits of around 4,000 scheme members

Holly Roach
clock 29 October 2024 • 3 min read
Trustpilot