PIC invests £40m in Northamptonshire housing

James Phillips
clock • 1 min read

Pension Insurance Corporation (PIC) has entered into a £40m agreement with Greatwell Homes to support the development of 600 affordable homes in Northamptonshire.

Split across four tranches, the spot funding will mature in 2053, 2057 and, for the final two tranches, 2058, in an arrangement designed to match pension liabilities. The investment forms part o...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Two firms at 'advanced' stage of planning for potential superfund market debut

Two firms at 'advanced' stage of planning for potential superfund market debut

Interest in alternative endgame options growing as sponsors revisit strategies

Jonathan Stapleton
clock 18 September 2025 • 3 min read
Ultra Electronics Scheme completes £250m buy-in with Just Group

Ultra Electronics Scheme completes £250m buy-in with Just Group

Deal secures benefits of over 1,000 pensioners and 750 deferred members

Jasmine Urquhart
clock 16 September 2025 • 2 min read
Welcome Break Pension Plan agrees £23m buy-in with Just Group

Welcome Break Pension Plan agrees £23m buy-in with Just Group

The transaction secures the benefits of all 348 scheme members

Holly Roach
clock 12 September 2025 • 2 min read
Trustpilot