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

Athora Group completes PIC acquisition and sets out plans to relocate HQ to the UK

Athora Group completes PIC acquisition and sets out plans to relocate HQ to the UK

PIC will continue to operate under its current brand as it continues to grow

Jonathan Stapleton
clock 27 March 2026 • 2 min read
Reebok scheme ties up £32m buy-in deal with Just Group

Reebok scheme ties up £32m buy-in deal with Just Group

Transaction secures the benefits of all 452 scheme members

Holly Roach
clock 26 March 2026 • 2 min read
Essentra Pension Plan completes £104m buy-in with Aviva

Essentra Pension Plan completes £104m buy-in with Aviva

Transaction secures the benefits of both deferred and pensioner members

Holly Roach
clock 25 March 2026 • 2 min read
Trustpilot