PIC boosts financial investments by £10bn in 2019

Holly Roach
clock • 2 min read

The Pension Insurance Corporation (PIC) boosted its financial investments last year by nearly £10bn to £40.9bn, up from £31.4bn the year prior, according to its full-year results.

The results - published today (9 March) - also reveal for the year ending 31 December 2019, 81% of longevity exposure was reinsured, while 225,100 pension fund members were insured, 33,000 more tha...

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