Pension Insurance Corporation
Risk Reduction
The British American Tobacco (BAT) UK Pension Fund has completed a £3.4bn buy-in with Pension Insurance Corporation (PIC), the largest buy-in transaction including pensioner and deferred members.
01 August 2019
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2 min read
Investment
Pension Insurance Corporation (PIC) is investing £100m of debt funding in East Midlands Housing (EMH) Group.
22 July 2019
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2 min read
Investment
Pension Insurance Corporation (PIC) has invested £40m in debt issued by Scottish Borders-based Eildon Housing Association.
15 July 2019
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2 min read
Risk Reduction
Pension Insurance Corporation (PIC) has announced plans to raise further debt capital in order to support business growth in a burgeoning bulk annuity market.
12 July 2019
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2 min read
Risk Reduction
Pension Insurance Corporation (PIC) has so far racked up £5.8bn of buyouts and buy-ins with defined benefit schemes this year, while reinsuring £7bn of longevity risk, it has revealed.
24 June 2019
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1 min read
Risk Reduction
The Marks and Spencer Pension Scheme has completed buy-in deals worth £1.4bn with two insurers, mirroring similar transactions last year.
23 May 2019
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3 min read
Industry
The Work and Pensions Committee (WPC) has criticised Arcadia's proposals to halve the deficit recovery contributions of its pension schemes as part of a company restructure.
11 April 2019
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2 min read
Risk Reduction
Pension Insurance Corporation (PIC) has entered into a £40m agreement with Greatwell Homes to support the development of 600 affordable homes in Northamptonshire.
08 April 2019
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1 min read
Risk Reduction
The trustees of the Dresdner Kleinwort Pension Plan have completed a full £1.2bn buy-in with Pension Insurance Corporation - covering the scheme's £900m final salary section as well as a £300m money purchase section.
02 April 2019
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2 min read
Investment
Pension Insurance Corporation (PIC) has entered a £65m agreement with Livin Housing to develop affordable housing in County Durham.
01 April 2019
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1 min read
