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(8) { [0]=> array(7) { ["title_en"]=> string(53) "PIC agrees £268m forward purchase of 2 Ruskin Square" ["snippet_en"]=> string(186) "Pension Insurance Corporation (PIC) has agreed the £268m forward purchase of 2 Ruskin Square, a 344,940 sq. ft office in Croydon, from the Schroders Capital UK Real Estate Fund (SCREF)." ["url"]=> string(99) "https://www.professionalpensions.com/news/4087390/pic-agrees-gbp268m-forward-purchase-ruskin-square" ["image_url"]=> string(78) "https://images.businessradar.com/articles/1f983925-24da-4e68-97c7-4d619955e6c7" ["source"]=> string(24) "professionalpensions.com" ["publication_date"]=> string(10) "2023-03-28" ["categories"]=> array(2) { [0]=> string(7) "Funding" [1]=> string(23) "Real estate development" } } [1]=> array(7) { ["title_en"]=> string(60) "RSA Insurance pension fund transfer is the biggest on record" ["snippet_en"]=> string(301) "Pension Insurance Corporation has clinched the largest pension fund buy-in on record in Britain, taking over responsibility for £6.5 billion of pension promises to 40,000 present and former employees of RSA Insurance. Intact Financial Corporation, of Canada, took responsibility for two RSA pension s" ["url"]=> string(105) "https://www.thetimes.co.uk/article/rsa-insurance-pension-fund-transfer-is-the-biggest-on-record-nfmt6b82f" ["image_url"]=> string(78) "https://images.businessradar.com/articles/2064a29c-e52c-444b-8a77-f716dc8c79d6" ["source"]=> string(14) "thetimes.co.uk" ["publication_date"]=> string(10) "2023-02-27" ["categories"]=> array(4) { [0]=> string(18) "Pension Investment" [1]=> string(18) "General Investment" [2]=> string(7) "Funding" [3]=> string(18) "Financial Distress" } } [2]=> array(7) { ["title_en"]=> string(73) "£200million funding agreed for Midlands’ first skyscraper - Show House" ["snippet_en"]=> string(170) "Court Collaboration has agreed to a £200million forward funding partnership with Pension Insurance Corporation to deliver One Eastside, the Midlands’ first skyscraper." ["url"]=> string(89) "https://www.showhouse.co.uk/news/200million-funding-agreed-for-midlands-first-skyscraper/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/48fa4267-d0e6-4bb9-a0db-4a9170be8e75" ["source"]=> string(15) "showhouse.co.uk" ["publication_date"]=> string(10) "2022-11-15" ["categories"]=> array(2) { [0]=> string(13) "Collaboration" [1]=> string(7) "Funding" } } [3]=> array(7) { ["title_en"]=> string(70) "British American Tobacco UK Pension Fund secures further £400m buy-in" ["snippet_en"]=> string(165) "The British American Tobacco UK Pension Fund has completed a second buy-in with Pension Insurance Corporation (PIC), insuring a further £400m of pension liabilities" ["url"]=> string(103) "https://www.pensionsage.com/pa/British-American-Tobacco-UK-Pension-Fund-secures-further-400m-buy-in.php" ["image_url"]=> string(78) "https://images.businessradar.com/articles/cc88ca8f-7c7b-4831-a353-abf9e4841e24" ["source"]=> string(15) "pensionsage.com" ["publication_date"]=> string(10) "2022-07-21" ["categories"]=> array(3) { [0]=> string(18) "General Investment" [1]=> string(7) "Funding" [2]=> string(18) "Pension Investment" } } [4]=> array(7) { ["title_en"]=> string(56) "PIC invests £130m in Wirral Waters  - Place North West" ["snippet_en"]=> string(191) "Pension Insurance Corporation will fund the creation of Wirral Waters One, a 500-home build-to-rent scheme that forms part of Peel L&P and the local council’s £4.5bn regeneration project." ["url"]=> string(67) "https://www.placenorthwest.co.uk/pic-invests-130m-in-wirral-waters/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/e3be3b15-3e74-4d18-b343-a159a3ddbb2b" ["source"]=> string(20) "placenorthwest.co.uk" ["publication_date"]=> string(10) "2022-01-26" ["categories"]=> array(1) { [0]=> string(7) "Funding" } } [5]=> array(7) { ["title_en"]=> string(38) "BAT pension fund agrees £3.4bn buy-in" ["snippet_en"]=> string(164) "The British American Tobacco UK Pension Fund has insured £3.4bn of liabilities with the Pension Insurance Corporation (PIC) in one of the largest ever buy-in deals" ["url"]=> string(71) "https://www.pensionsage.com/pa/BAT-pension-fund-agrees-3-4bn-buy-in.php" ["image_url"]=> string(78) "https://images.businessradar.com/articles/6853f224-2f96-44fc-8ce2-ba53d525341f" ["source"]=> string(15) "pensionsage.com" ["publication_date"]=> string(10) "2019-08-01" ["categories"]=> array(2) { [0]=> string(7) "Funding" [1]=> string(18) "Pension Investment" } } [6]=> array(7) { ["title_en"]=> string(88) "Pension Insurance Corporation concludes $975mn UK pension fund buy-in - Reinsurance News" ["snippet_en"]=> string(153) "Pension Insurance Corporation has concluded a £725 million ($975mn) full buy-in with the Trustee of the Former Registered Dock Workers Pension Fund. The" ["url"]=> string(95) "https://www.reinsurancene.ws/pension-insurance-corporation-concludes-975mn-uk-pension-fund-buy/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/db1af148-15a8-435b-93cf-021fa4cbe6d6" ["source"]=> string(16) "reinsurancene.ws" ["publication_date"]=> string(10) "2017-11-30" ["categories"]=> array(3) { [0]=> string(18) "General Investment" [1]=> string(7) "Funding" [2]=> string(18) "Pension Investment" } } [7]=> array(7) { ["title_en"]=> string(46) "Mercer oversees largest UK pension buyout ever" ["snippet_en"]=> string(157) "In July, Citigroup sold EMI's pension fund ('EMI Group Pension Fund') to insurance specialist Pension Insurance Corporation (PIC). With a total value of £1." ["url"]=> string(87) "https://www.consultancy.nl/nieuws/6762/mercer-begeleidt-grootste-uk-pension-buyout-ooit" ["image_url"]=> NULL ["source"]=> string(14) "consultancy.nl" ["publication_date"]=> string(10) "2013-08-23" ["categories"]=> array(5) { [0]=> string(10) "Divestment" [1]=> string(18) "General Investment" [2]=> string(11) "Acquisition" [3]=> string(7) "Funding" [4]=> string(46) "Management of Legal and Regulatory Environment" } } } ["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

PIC agrees £268m forward purchase of 2 Ruskin Square

2023-03-28 (professionalpensions.com)

PIC agrees £268m forward purchase of 2 Ruskin Square

Pension Insurance Corporation (PIC) has agreed the £268m forward purchase of 2 Ruskin Square, a 344,940 sq. ft office in Croydon, from the Schroders Capital UK Real Estate Fund (SCREF).

Read more
RSA Insurance pension fund transfer is the biggest on record

2023-02-27 (thetimes.co.uk)

RSA Insurance pension fund transfer is the biggest on record

Pension Insurance Corporation has clinched the largest pension fund buy-in on record in Britain, taking over responsibility for £6.5 billion of pension promises to 40,000 present and former employees of RSA Insurance. Intact Financial Corporation, of Canada, took responsibility for two RSA pension s

Read more
£200million funding agreed for Midlands’ first skyscraper - Show House

2022-11-15 (showhouse.co.uk)

£200million funding agreed for Midlands’ first skyscraper - Show House

Court Collaboration has agreed to a £200million forward funding partnership with Pension Insurance Corporation to deliver One Eastside, the Midlands’ first skyscraper.

Read more
British American Tobacco UK Pension Fund secures further £400m buy-in

2022-07-21 (pensionsage.com)

British American Tobacco UK Pension Fund secures further £400m buy-in

The British American Tobacco UK Pension Fund has completed a second buy-in with Pension Insurance Corporation (PIC), insuring a further £400m of pension liabilities

Read more
PIC invests £130m in Wirral Waters  - Place North West

2022-01-26 (placenorthwest.co.uk)

PIC invests £130m in Wirral Waters  - Place North West

Pension Insurance Corporation will fund the creation of Wirral Waters One, a 500-home build-to-rent scheme that forms part of Peel L&P and the local council’s £4.5bn regeneration project.

Read more
BAT pension fund agrees £3.4bn buy-in

2019-08-01 (pensionsage.com)

BAT pension fund agrees £3.4bn buy-in

The British American Tobacco UK Pension Fund has insured £3.4bn of liabilities with the Pension Insurance Corporation (PIC) in one of the largest ever buy-in deals

Read more
Pension Insurance Corporation concludes $975mn UK pension fund buy-in - Reinsurance News

2017-11-30 (reinsurancene.ws)

Pension Insurance Corporation concludes $975mn UK pension fund buy-in - Reinsurance News

Pension Insurance Corporation has concluded a £725 million ($975mn) full buy-in with the Trustee of the Former Registered Dock Workers Pension Fund. The

Read more
Mercer oversees largest UK pension buyout ever

2013-08-23 (consultancy.nl)

Mercer oversees largest UK pension buyout ever

In July, Citigroup sold EMI's pension fund ('EMI Group Pension Fund') to insurance specialist Pension Insurance Corporation (PIC). With a total value of £1.

Read more

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