All Pension Insurance Corporation (PIC) articles
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AnalysisUK bulk annuity market expected to close at £40-50bn in 2024
Before the end of the year, there will be 11 insurers providing quotes on deals, more than ever before in the UK and showing the vibrancy of the market, says WTW
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AnalysisIPE UK Briefing: UK looks up to Canadian model
Plus: Making growth assets more investable; British Co-Investment Fund is launched; Value for Money consultation
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NewsCoats Group scheme completes £1.3bn buy-in deal with PIC
The deal covers 18,042 scheme members, as the plan sponsor makes upfront cash contribution of £70m to the scheme and a further £30m loan
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NewsLPPI says replicating ‘Canadian model’ could unlock £16bn for infrastructure
Based on whichever numbers, there is potential for significant additional infrastructure investment ‘hopefully with most of it’ in the UK, says former LGPS Central CEO
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NewsUK government announces ‘landmark’ pensions review
Chancellor of the exchequer, Rachel Reeves, says the review is set to boost investment, increase pension pots and tackle waste in the UK pensions system
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NewsTotalEnergies UK Pension Plan completes £1.2bn buy-in with PIC
transaction had unique structuring requirements and a complex benefit structure
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NewsPIC launches streamlined solution for small pension schemes
The service will be available to schemes with assets of less than £100m looking to complete a buyout
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NewsDe Beers Pension Scheme completes £850m full buy-in deal with PIC
The transaction secures the pensions of 1,464 pensioner members and 473 deferred members of the scheme
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NewsNext Group completes £510m buy-in deal with Pension Insurance Corporation
Pension liabilities for over 3,600 pensioners and deferred policyholders of the Next Pension Plan have now been fully insured
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NewsPeople moves: Lombard Odier Investment Managers names head of France
Plus: Perpetual hires EMEA distribution head; PIC add trio to origination team
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NewsPIC says DC saving pots should not be referred to as ‘pensions’
DC schemes fail to meet the key definition of a pension – the provision of a regular income, says PIC
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NewsPeople moves: Achmea IM appoints new chair
Plus: ICGN’s chief to retire, HSBC AM hires head of UK credit solutions
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NewsPeople moves: Aon Denmark appoints Carsten Christoffersen as new CEO
Aon Denmark appoints new CEO to drive business to new heights
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NewsUK roundup: Mitchells & Butlers scheme in £1.2bn buy-in with Standard Life
Plus: LGIM launches fossil fuel exclusion strategy; Qantas Airways pension fund completes £40m buy-in with PIC
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NewsWave of demand for bulk annuity market expected to hit record level
Bulk annuity market doubled over the last five years, says PIC
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NewsPension Insurance Corporation sets out climate-related disclosures
PIC is committed to decreasing its investment carbon intensity by 50% by 2030
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NewsRSA Group completes £6.5bn buy-in deal with Pension Insurance Corporation
This makes it the largest ever bulk annuity transaction from pension schemes to insure
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NewsUK roundup: British American Tobacco scheme completes £250m buy-in deal
Plus: NEST ends admin contract with Atos
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NewsBritish Steel Pension Scheme completes £2bn buy-in with Legal & General
Plus: Amey pension fund in £400m buy-in deal with PIC
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NewsUK roundup: Church Commissioners commit £100m to impact investment
Plus: Gates schemes complete £132m buy-in deal with PIC
