array(3) { ["company_details"]=> array(13) { ["name"]=> string(36) "PENSION SERVICES CORPORATION LIMITED" ["slug"]=> string(45) "52f63-gb-pension-services-corporation-limited" ["logo"]=> NULL ["description"]=> string(823) "The purpose of Pension Insurance Corporation plc (“PIC”) is to pay the pensions of its policyholders. PIC provides secure and stable retirement incomes through leading customer service, comprehensive risk management and excellence in asset and liability management. At year-end 2020, PIC had insured 273,500 pension scheme members and had £49.6 billion in financial investments, accumulated through the provision of tailored pension insurance buyouts and buy-ins to the trustees and sponsors of U.K. defined benefit pension schemes. Clients include FTSE 100 companies, multinationals and the public sector. PIC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (FRN 454345). For further information please visit our website." ["address_street"]=> string(11) "14 Cornhill" ["address_place"]=> string(6) "LONDON" ["address_region"]=> NULL ["founding_date"]=> NULL ["website_domain"]=> NULL ["website_url"]=> NULL ["industry_codes"]=> array(1) { [0]=> string(43) "Business Services, Not Elsewhere Classified" } ["employee_count"]=> int(351) ["article_count"]=> int(183) } ["articles"]=> array(9) { [0]=> array(7) { ["title_en"]=> string(59) "AltAssets private equity deal roundup – December 14, 2023" ["snippet_en"]=> string(277) "Apollo Global Management is reportedly considering a £5bn buyout of CVC Capital-backed UK-based Pension Insurance Corporation. Sky News said an offer was being drawn up and could be made within the next few days. PIC is a specialist insurer of defined benefit pension schemes." ["url"]=> string(128) "https://www.altassets.net/private-equity-news/by-news-type/deal-news/altassets-private-equity-deal-roundup-december-14-2023.html" ["image_url"]=> NULL ["source"]=> string(13) "altassets.net" ["publication_date"]=> string(10) "2023-12-14" ["categories"]=> array(1) { [0]=> string(11) "Acquisition" } } [1]=> array(7) { ["title_en"]=> string(60) "PIC and Octopus partnership SLIP acquires retirement village" ["snippet_en"]=> string(171) "Pension Insurance Corporation (PIC) and Octopus Real Estate, in partnership with Audley Group, have announced an investment in a retirement village located in Brent Cross." ["url"]=> string(106) "https://www.professionalpensions.com/news/4122628/pic-octopus-partnership-slip-acquires-retirement-village" ["image_url"]=> string(78) "https://images.businessradar.com/articles/4452b5b7-b135-4730-b7d9-450be720c01b" ["source"]=> string(24) "professionalpensions.com" ["publication_date"]=> string(10) "2023-08-22" ["categories"]=> array(4) { [0]=> string(13) "Collaboration" [1]=> string(11) "Acquisition" [2]=> string(18) "General Investment" [3]=> string(23) "Real estate development" } } [2]=> array(7) { ["title_en"]=> string(93) "Pensions: Specialist insurer PIC strikes £400m Amey deal after £600m House of Fraser buy-in" ["snippet_en"]=> string(152) "The specialist insurer that bought out House of Fraser's pensions fund for £600m last year has completed a £400m deal to take over UK engineering firm" ["url"]=> string(61) "https://www.cityam.com/pensions-amey-house-of-fraser-pic-bpa/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/571ab88f-3dd9-4805-a148-aec77c11032b" ["source"]=> string(10) "cityam.com" ["publication_date"]=> string(10) "2023-01-16" ["categories"]=> array(2) { [0]=> string(15) "Deals & Tenders" [1]=> string(11) "Acquisition" } } [3]=> array(7) { ["title_en"]=> string(80) "PIC signs £2.2bn pension buy-in deal with packaging supplier - Reinsurance News" ["snippet_en"]=> string(152) "Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has signed a £2.2 billion pension insurance buy-in with the" ["url"]=> string(89) "https://www.reinsurancene.ws/pic-signs-2-2bn-pension-buy-in-deal-with-packaging-supplier/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/6b067975-3cbe-4dc6-8328-241a35d8f623" ["source"]=> string(16) "reinsurancene.ws" ["publication_date"]=> string(10) "2021-10-04" ["categories"]=> array(5) { [0]=> string(18) "Pension Investment" [1]=> string(23) "Supply Chain Management" [2]=> string(11) "Acquisition" [3]=> string(18) "General Investment" [4]=> string(10) "Relocation" } } [4]=> array(7) { ["title_en"]=> string(63) "Consortium plans £2bn bid for English ports – Daily Business" ["snippet_en"]=> string(149) "A consortium of investors is close to sealing a £2 billion takeover of 12 ports and distribution hubs stretching from Teesside to the Isle of Wight." ["url"]=> string(84) "https://dailybusinessgroup.co.uk/2021/08/consortium-plans-2bn-bid-for-english-ports/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/d7c8bb5c-6b0e-42ea-aed8-8ccee3edb80f" ["source"]=> string(24) "dailybusinessgroup.co.uk" ["publication_date"]=> string(10) "2021-08-29" ["categories"]=> array(2) { [0]=> string(15) "Deals & Tenders" [1]=> string(11) "Acquisition" } } [5]=> array(7) { ["title_en"]=> string(55) "Arnold Laver sells pension scheme to buyout corporation" ["snippet_en"]=> string(133) "TIMBER merchant Arnold Laver has sold its defined benefit pension scheme to the insurance buyout group Pension Insurance Corporation." ["url"]=> string(101) "https://www.yorkshirepost.co.uk/business/arnold-laver-sells-pension-scheme-buyout-corporation-1957189" ["image_url"]=> NULL ["source"]=> string(19) "yorkshirepost.co.uk" ["publication_date"]=> string(10) "2020-09-07" ["categories"]=> array(2) { [0]=> string(10) "Divestment" [1]=> string(11) "Acquisition" } } [6]=> array(7) { ["title_en"]=> string(53) "PIC invests GBP130m in central Manchester BTR project" ["snippet_en"]=> string(249) "Pension Insurance Corporation( PIC), a specialist insurer of defined benefit pension funds, has acquired a prime city-centre site in Manchester as the location for its first Build to Rent project, investing GBP130 million to fund the construction of" ["url"]=> string(103) "https://www.propertyfundsworld.com/2020/09/01/289101/pic-invests-gbp130m-central-manchester-btr-project" ["image_url"]=> NULL ["source"]=> string(22) "propertyfundsworld.com" ["publication_date"]=> string(10) "2020-09-01" ["categories"]=> array(3) { [0]=> string(8) "Accident" [1]=> string(11) "Acquisition" [2]=> string(14) "Reorganisation" } } [7]=> array(7) { ["title_en"]=> string(76) "PIC converts longevity swap into £1.6bn buy-in for MNOPF - Reinsurance News" ["snippet_en"]=> string(151) "Pension Insurance Corporation plc (PIC) has completed the conversion of a longevity swap transaction into a £1.6 billion buy-in with the Merchant Navy" ["url"]=> string(85) "https://www.reinsurancene.ws/pic-converts-longevity-swap-into-1-6bn-buy-in-for-mnopf/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/0c961d26-d0ea-4f00-9f38-011b252976b4" ["source"]=> string(16) "reinsurancene.ws" ["publication_date"]=> string(10) "2020-02-10" ["categories"]=> array(1) { [0]=> string(11) "Acquisition" } } [8]=> array(7) { ["title_en"]=> string(84) "PIC completes £1.2bn full pension buy-in with Dresdner Kleinwort - Reinsurance News" ["snippet_en"]=> string(152) "Pension Insurance Corporation plc (PIC), the specialist insurer of defined benefit pension funds, has concluded a full buy-in deal with the pension plan" ["url"]=> string(93) "https://www.reinsurancene.ws/pic-completes-1-2bn-full-pension-buy-in-with-dresdner-kleinwort/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/e1e60ec7-cc57-4ba8-a081-b1a92e466678" ["source"]=> string(16) "reinsurancene.ws" ["publication_date"]=> string(10) "2019-04-03" ["categories"]=> array(3) { [0]=> string(18) "Pension Investment" [1]=> string(15) "Deals & Tenders" [2]=> string(11) "Acquisition" } } } ["category_annotations"]=> array(30) { [0]=> array(2) { ["name"]=> string(18) "Pension Investment" ["count"]=> int(39) } [1]=> array(2) { ["name"]=> string(18) "General Investment" ["count"]=> int(35) } [2]=> array(2) { ["name"]=> string(11) "Acquisition" ["count"]=> int(16) } [3]=> array(2) { ["name"]=> string(24) "Access and affordability" ["count"]=> int(14) } [4]=> array(2) { ["name"]=> string(15) "Deals & Tenders" ["count"]=> int(13) } [5]=> array(2) { ["name"]=> string(13) "Collaboration" ["count"]=> int(12) } [6]=> array(2) { ["name"]=> string(5) "Debts" ["count"]=> int(9) } [7]=> array(2) { ["name"]=> string(8) "Accident" ["count"]=> int(8) } [8]=> array(2) { ["name"]=> string(7) "Funding" ["count"]=> int(8) } [9]=> array(2) { ["name"]=> string(23) "Real estate development" ["count"]=> int(8) } [10]=> array(2) { ["name"]=> string(24) "Quarterly/Annual Figures" ["count"]=> int(6) } [11]=> array(2) { ["name"]=> string(20) "Business Development" ["count"]=> int(5) } [12]=> array(2) { ["name"]=> string(19) "Investment Requests" ["count"]=> int(5) } [13]=> array(2) { ["name"]=> string(25) "Business Model Resilience" ["count"]=> int(4) } [14]=> array(2) { ["name"]=> string(12) "Board Change" ["count"]=> int(4) } [15]=> array(2) { ["name"]=> string(11) "Slush Funds" ["count"]=> int(3) } [16]=> array(2) { ["name"]=> string(17) "Energy Management" ["count"]=> int(3) } [17]=> array(2) { ["name"]=> string(17) "Business Disputes" ["count"]=> int(2) } [18]=> array(2) { ["name"]=> string(11) "Competition" ["count"]=> int(2) } [19]=> array(2) { ["name"]=> string(13) "Data Security" ["count"]=> int(2) } [20]=> array(2) { ["name"]=> string(10) "Divestment" ["count"]=> int(2) } [21]=> array(2) { ["name"]=> string(18) "Expansion & Growth" ["count"]=> int(2) } [22]=> array(2) { ["name"]=> string(18) "Financial Distress" ["count"]=> int(2) } [23]=> array(2) { ["name"]=> string(13) "GHG Emissions" ["count"]=> int(2) } [24]=> array(2) { ["name"]=> string(24) "Government Interventions" ["count"]=> int(2) } [25]=> array(2) { ["name"]=> string(19) "Government Policies" ["count"]=> int(2) } [26]=> array(2) { ["name"]=> string(5) "Legal" ["count"]=> int(2) } [27]=> array(2) { ["name"]=> string(6) "Merger" ["count"]=> int(2) } [28]=> array(2) { ["name"]=> string(26) "Product Quality and safety" ["count"]=> int(2) } [29]=> array(2) { ["name"]=> string(12) "Staff hiring" ["count"]=> int(2) } } } 52f63-gb-pension-services-corporation-limited

PENSION SERVICES CORPORATION LIMITED

Location

Founded

Website

Articles

183 Articles

Category

Business Services, Not Elsewhere Classified

Description

The purpose of Pension Insurance Corporation plc (“PIC”) is to pay the pensions of its policyholders. PIC provides secure and stable retirement incomes through leading customer service, comprehensive risk management and excellence in asset and liability management. At year-end 2020, PIC had insured 273,500 pension scheme members and had £49.6 billion in financial investments, accumulated through the provision of tailored pension insurance buyouts and buy-ins to the trustees and sponsors of U.K. defined benefit pension schemes. Clients include FTSE 100 companies, multinationals and the public sector. PIC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (FRN 454345). For further information please visit our website.

Articles

AltAssets private equity deal roundup – December 14, 2023

2023-12-14 (altassets.net)

AltAssets private equity deal roundup – December 14, 2023

Apollo Global Management is reportedly considering a £5bn buyout of CVC Capital-backed UK-based Pension Insurance Corporation. Sky News said an offer was being drawn up and could be made within the next few days. PIC is a specialist insurer of defined benefit pension schemes.

Read more
PIC and Octopus partnership SLIP acquires retirement village

2023-08-22 (professionalpensions.com)

PIC and Octopus partnership SLIP acquires retirement village

Pension Insurance Corporation (PIC) and Octopus Real Estate, in partnership with Audley Group, have announced an investment in a retirement village located in Brent Cross.

Read more
Pensions: Specialist insurer PIC strikes £400m Amey deal after £600m House of Fraser buy-in

2023-01-16 (cityam.com)

Pensions: Specialist insurer PIC strikes £400m Amey deal after £600m House of Fraser buy-in

The specialist insurer that bought out House of Fraser's pensions fund for £600m last year has completed a £400m deal to take over UK engineering firm

Read more
PIC signs £2.2bn pension buy-in deal with packaging supplier - Reinsurance News

2021-10-04 (reinsurancene.ws)

PIC signs £2.2bn pension buy-in deal with packaging supplier - Reinsurance News

Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has signed a £2.2 billion pension insurance buy-in with the

Read more
Consortium plans £2bn bid for English ports – Daily Business

2021-08-29 (dailybusinessgroup.co.uk)

Consortium plans £2bn bid for English ports – Daily Business

A consortium of investors is close to sealing a £2 billion takeover of 12 ports and distribution hubs stretching from Teesside to the Isle of Wight.

Read more
Arnold Laver sells pension scheme to buyout corporation

2020-09-07 (yorkshirepost.co.uk)

Arnold Laver sells pension scheme to buyout corporation

TIMBER merchant Arnold Laver has sold its defined benefit pension scheme to the insurance buyout group Pension Insurance Corporation.

Read more
PIC invests GBP130m in central Manchester BTR project

2020-09-01 (propertyfundsworld.com)

PIC invests GBP130m in central Manchester BTR project

Pension Insurance Corporation( PIC), a specialist insurer of defined benefit pension funds, has acquired a prime city-centre site in Manchester as the location for its first Build to Rent project, investing GBP130 million to fund the construction of

Read more
PIC converts longevity swap into £1.6bn buy-in for MNOPF - Reinsurance News

2020-02-10 (reinsurancene.ws)

PIC converts longevity swap into £1.6bn buy-in for MNOPF - Reinsurance News

Pension Insurance Corporation plc (PIC) has completed the conversion of a longevity swap transaction into a £1.6 billion buy-in with the Merchant Navy

Read more
PIC completes £1.2bn full pension buy-in with Dresdner Kleinwort - Reinsurance News

2019-04-03 (reinsurancene.ws)

PIC completes £1.2bn full pension buy-in with Dresdner Kleinwort - Reinsurance News

Pension Insurance Corporation plc (PIC), the specialist insurer of defined benefit pension funds, has concluded a full buy-in deal with the pension plan

Read more

Newsletter subscription