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(73) "PIC completes £510m buy-in of Next Group pension plan - Reinsurance News" ["snippet_en"]=> string(154) "Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension funds, has completed a full scheme buy-in with the Trustee of the" ["url"]=> string(82) "https://www.reinsurancene.ws/pic-completes-510m-buy-in-of-next-group-pension-plan/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/1c9a4309-0044-4ca8-af5e-6ab771d6a6ae" ["source"]=> string(16) "reinsurancene.ws" ["publication_date"]=> string(10) "2024-03-26" ["categories"]=> array(1) { [0]=> string(18) "Pension Investment" } } [1]=> array(7) { ["title_en"]=> string(67) "Northern Ireland housing association Apex receives £30m investment" ["snippet_en"]=> string(139) "A Northern Ireland housing association has received following-up debt investment of £30m from an insurer of defined benefit pension funds." ["url"]=> string(143) "https://www.belfasttelegraph.co.uk/business/northern-ireland/northern-ireland-housing-association-apex-receives-30m-investment/a1260076648.html" ["image_url"]=> string(78) "https://images.businessradar.com/articles/6887be56-ee38-495f-b768-819268aa8166" ["source"]=> string(22) "belfasttelegraph.co.uk" ["publication_date"]=> string(10) "2024-02-19" ["categories"]=> array(3) { [0]=> string(18) "General Investment" [1]=> string(24) "Access and affordability" [2]=> string(18) "Pension Investment" } } [2]=> array(7) { ["title_en"]=> string(93) "PIC concludes £65m full buy-in of the Chemring Group Staff Pension Scheme - Reinsurance News" ["snippet_en"]=> string(150) "Specialist insurer of defined benefit pension schemes, Pension Insurance Corporation plc (PIC) has announced that it has concluded a £65 million full" ["url"]=> string(102) "https://www.reinsurancene.ws/pic-concludes-65m-full-buy-in-of-the-chemring-group-staff-pension-scheme/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/5494efc0-a49f-48c4-89ee-b8d37e74a579" ["source"]=> string(16) "reinsurancene.ws" ["publication_date"]=> string(10) "2023-12-12" ["categories"]=> array(1) { [0]=> string(18) "Pension Investment" } } [3]=> array(7) { ["title_en"]=> string(68) "Pension Insurance Contribution selects Finbourne for data management" ["snippet_en"]=> string(190) "Pension Insurance Corporation (PIC), the specialist UK pension insurer, has chosen FINBOURNE Technology to provide investment data management capabilities, to help drive their data strategy." ["url"]=> string(112) "https://www.finextra.com/pressarticle/98887/pension-insurance-contribution-selects-finbourne-for-data-management" ["image_url"]=> string(78) "https://images.businessradar.com/articles/f3fb4ca1-3cb7-41d2-a06c-46784bfae779" ["source"]=> string(12) "finextra.com" ["publication_date"]=> string(10) "2023-11-22" ["categories"]=> array(6) { [0]=> string(20) "Business Development" [1]=> string(16) "Customer Privacy" [2]=> string(18) "General Investment" [3]=> string(18) "Pension Investment" [4]=> string(13) "Data Security" [5]=> string(10) "Cybercrime" } } [4]=> array(7) { ["title_en"]=> string(72) "Pension insurer invests £50m into 100% affordable development in Surrey" ["snippet_en"]=> string(142) "The 125-unit development on a former NHS site marks the start of long-term partnership between Pension Insurance Corporation and London Square" ["url"]=> string(121) "https://www.housingtoday.co.uk/news/pension-insurer-invests-50m-into-100-affordable-development-in-surrey/5126298.article" ["image_url"]=> string(78) "https://images.businessradar.com/articles/63aa8c05-d697-400d-9f04-09921d667d68" ["source"]=> string(18) "housingtoday.co.uk" ["publication_date"]=> string(10) "2023-11-01" ["categories"]=> array(6) { [0]=> string(20) "Business Development" [1]=> string(24) "Access and affordability" [2]=> string(31) "Financial Update/Profit Warning" [3]=> string(18) "Pension Investment" [4]=> string(23) "Real estate development" [5]=> string(13) "Collaboration" } } [5]=> array(7) { ["title_en"]=> string(60) "PIC announces £6.5bn in new business premiums in H1 results" ["snippet_en"]=> string(132) "The Pension Insurance Corporation Group Limited (PICG) has announced a record £1.1bn of pension payments in the first half of 2023." ["url"]=> string(100) "https://www.professionalpensions.com/news/4129428/pic-announces-gbp-5bn-business-premiums-h1-results" ["image_url"]=> string(78) "https://images.businessradar.com/articles/19a18369-9198-48cb-8662-e76838b0a65e" ["source"]=> string(24) "professionalpensions.com" ["publication_date"]=> string(10) "2023-09-27" ["categories"]=> array(5) { [0]=> string(20) "Business Development" [1]=> string(18) "Pension Investment" [2]=> string(25) "Business Model Resilience" [3]=> string(24) "Quarterly/Annual Figures" [4]=> string(16) "Customer Welfare" } } [6]=> array(7) { ["title_en"]=> string(78) "PIC promotes Magudia to become Co-Chief Origination Officer - Reinsurance News" ["snippet_en"]=> string(152) "Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has announced that Mitul Magudia has been promoted to Deputy" ["url"]=> string(89) "https://www.reinsurancene.ws/pic-promotes-magudia-to-become-co-chief-origination-officer/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/39b5afa5-cd73-4a05-891a-f590585d7d42" ["source"]=> string(16) "reinsurancene.ws" ["publication_date"]=> string(10) "2023-08-04" ["categories"]=> array(1) { [0]=> string(18) "Pension Investment" } } [7]=> array(7) { ["title_en"]=> string(97) "PIC completes its second buy-in of the Qantas Airways pension scheme for £40m - Reinsurance News" ["snippet_en"]=> string(153) "Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension funds, has announced that it has concluded a c.£40 million bulk" ["url"]=> string(106) "https://www.reinsurancene.ws/pic-completes-its-second-buy-in-of-the-qantas-airways-pension-scheme-for-40m/" ["image_url"]=> string(78) "https://images.businessradar.com/articles/17a409b5-bb1f-41d1-9b1d-13b3b38be41c" ["source"]=> string(16) "reinsurancene.ws" ["publication_date"]=> string(10) "2023-07-24" ["categories"]=> array(1) { [0]=> string(18) "Pension Investment" } } [8]=> array(7) { ["title_en"]=> string(62) "The pension deal bonanza remaking the UK’s retirement sector" ["snippet_en"]=> string(197) "Soaring interest rates have facilitated a big rise in ‘bulk annuity’ transactions, but the impact of transferring tens of billions of pounds of assets to a handful of insurers could be profound" ["url"]=> string(63) "https://www.ft.com/content/a70953c6-85a6-4175-8fb2-4cdd726d48cb" ["image_url"]=> string(78) "https://images.businessradar.com/articles/c309deb2-25dc-48b7-a2c9-af7d9d21abe9" ["source"]=> string(6) "ft.com" ["publication_date"]=> string(10) "2023-07-09" ["categories"]=> array(1) { [0]=> string(18) "Pension Investment" } } } ["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 completes £510m buy-in of Next Group pension plan - Reinsurance News

2024-03-26 (reinsurancene.ws)

PIC completes £510m buy-in of Next Group pension plan - Reinsurance News

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension funds, has completed a full scheme buy-in with the Trustee of the

Read more
Northern Ireland housing association Apex receives £30m investment

2024-02-19 (belfasttelegraph.co.uk)

Northern Ireland housing association Apex receives £30m investment

A Northern Ireland housing association has received following-up debt investment of £30m from an insurer of defined benefit pension funds.

Read more
PIC concludes £65m full buy-in of the Chemring Group Staff Pension Scheme - Reinsurance News

2023-12-12 (reinsurancene.ws)

PIC concludes £65m full buy-in of the Chemring Group Staff Pension Scheme - Reinsurance News

Specialist insurer of defined benefit pension schemes, Pension Insurance Corporation plc (PIC) has announced that it has concluded a £65 million full

Read more
Pension Insurance Contribution selects Finbourne for data management

2023-11-22 (finextra.com)

Pension Insurance Contribution selects Finbourne for data management

Pension Insurance Corporation (PIC), the specialist UK pension insurer, has chosen FINBOURNE Technology to provide investment data management capabilities, to help drive their data strategy.

Read more
Pension insurer invests £50m into 100% affordable development in Surrey

2023-11-01 (housingtoday.co.uk)

Pension insurer invests £50m into 100% affordable development in Surrey

The 125-unit development on a former NHS site marks the start of long-term partnership between Pension Insurance Corporation and London Square

Read more
PIC announces £6.5bn in new business premiums in H1 results

2023-09-27 (professionalpensions.com)

PIC announces £6.5bn in new business premiums in H1 results

The Pension Insurance Corporation Group Limited (PICG) has announced a record £1.1bn of pension payments in the first half of 2023.

Read more
PIC promotes Magudia to become Co-Chief Origination Officer - Reinsurance News

2023-08-04 (reinsurancene.ws)

PIC promotes Magudia to become Co-Chief Origination Officer - Reinsurance News

Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has announced that Mitul Magudia has been promoted to Deputy

Read more
PIC completes its second buy-in of the Qantas Airways pension scheme for £40m - Reinsurance News

2023-07-24 (reinsurancene.ws)

PIC completes its second buy-in of the Qantas Airways pension scheme for £40m - Reinsurance News

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension funds, has announced that it has concluded a c.£40 million bulk

Read more
The pension deal bonanza remaking the UK’s retirement sector

2023-07-09 (ft.com)

The pension deal bonanza remaking the UK’s retirement sector

Soaring interest rates have facilitated a big rise in ‘bulk annuity’ transactions, but the impact of transferring tens of billions of pounds of assets to a handful of insurers could be profound

Read more

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