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

Black Arrow Group scheme secures £7m buy-in with PIC

Black Arrow Group scheme secures £7m buy-in with PIC

Transaction secures the benefits of the 61 scheme members not previously insured

Jonathan Stapleton
clock 19 February 2026 • 2 min read
Section of Sopra Steria scheme completes £113m full buy-in with PIC

Section of Sopra Steria scheme completes £113m full buy-in with PIC

BPA transaction secures the benefits of all the 355 scheme members

Martin Richmond
clock 18 February 2026 • 2 min read
IBM I.T Solutions scheme completes £700m buy-in with Standard Life

IBM I.T Solutions scheme completes £700m buy-in with Standard Life

BPA transaction secures the benefits of more than 3,600 pensioners and deferred members

Martin Richmond
clock 18 February 2026 • 2 min read
Trustpilot