Pension Insurance Corporation (PIC) has raised £750m of new capital from its shareholders to fund a pipeline of new pension risk transfer deals expected to complete in 2020.
Luxembourg-based investment fund Reinet led the capital raising, buying a £437.8m stake. It now holds 46.4% of shares in PIC Group, having first invested in 2012. The Abu Dhabi Investment Authority...
Professional Pensions is delighted to welcome back pensions and financial inclusion minister Guy Opperman to open day two of Professional Pensions Live in 2020.
This week’s top stories included the launch of Scottish Widows’ new responsible investment team, and reports of Treasury plans to cut pension tax relief for high earners.
Almost half (43%) of trustees do not feel able to monitor and report on their schemes ESG policy to a high standard, according to CACEIS.
In the run-up to Incisive Media’s Women in Investment Festival on 3 March, Laura Miller gets under the bonnet of how common imposter syndrome is, and the tangible impact it can have on financial services firms.