PIC invests additional £60m in social housing

clock • 1 min read

Pension Insurance Corporation has invested £60m with Red Kite Community Housing, a regulated housing association based in High Wycombe.

The insurer's £60m deal was split across three tranches maturing in 2030, 2033 and 2040, to match its pension liabilities The funding arrangement will allow Red Kite to build up to 375 new homes...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Podcast: Reflections and revelations from the Alpha Females of investing

Partner Podcast: Reflections and revelations from the Alpha Females of investing

A look back at the themes shaping today’s multi-asset landscape

Karen Watkin, Portfolio Manager - Multi-Asset Solutions, AllianceBernstein
clock 18 November 2025 • 1 min read
LGPS Central launches client advisory function

LGPS Central launches client advisory function

Launch comes as LGPS pools required to provide principal advice to partner funds

Jonathan Stapleton
clock 18 November 2025 • 1 min read
Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus

Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus

A partnership with SEI helped the Joy Global pension scheme turn a stubborn deficit into a surplus and paved the way for a buy-out. The key, says Trustee Jim Parker, was frank communication.

SEI
clock 18 November 2025 • 5 min read
Trustpilot