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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

PIC makes first rolling stock infrastructure investment

2022-10-11 (professionalpensions.com)

PIC makes first rolling stock infrastructure investment

Pension Insurance Corporation (PIC) will provide £102m of debt financing to support the delivery of new electric and diesel rolling stock to Corelink Rail Infrastructure Limited.

Read more
SSE moves £1.2bn of pension liabilities to insurers

2017-08-12 (ft.com)

SSE moves £1.2bn of pension liabilities to insurers

Energy supplier part of growing trend to offload responsibility of final salary plans

Read more
Solvency II reforms ‘could unlock £100bn in productive finance’

(pensions-expert.com)

Solvency II reforms ‘could unlock £100bn in productive finance’

The Treasury has published its final Solvency II reform proposals, which are expected by the industry to unlock more than £100bn in long-term productive assets such as social infrastructure and green energy.

Read more

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