Athora receives regulatory approval for PIC acquisition

PRA greenlights £5.7bn takeover deal as Athora raises £3bn in new equity

Jonathan Stapleton
clock • 1 min read
Dom Veney: We look forward to joining Athora in the coming weeks
Image:

Dom Veney: We look forward to joining Athora in the coming weeks

Athora has received Prudential Regulation Authority (PRA) approval for its acquisition of Pension Insurance Corporation (PIC) Group.

The pan-European savings and retirement services group said the approval will allow for the change of control of PIC Group and its wholly owned subsidiary, PIC. It added that, as part of the PRA...

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

More on Risk Reduction

CH Johnson Pension Plan completes £11m buy-in with Just Group

CH Johnson Pension Plan completes £11m buy-in with Just Group

Transaction secures the benefits of all 147 scheme members

Holly Roach
clock 24 April 2026 • 2 min read
Noble Foods pension scheme completes buyout with Utmost

Noble Foods pension scheme completes buyout with Utmost

Deal is the first external buyout Utmost has completed since entering the market in 2024

Holly Roach
clock 20 April 2026 • 1 min read
The birth of the buy-in: Reflections on 20 years of pension risk transfer

The birth of the buy-in: Reflections on 20 years of pension risk transfer

Clive Wellsteed reflects on how the buy-in came into being and why it has become the route of choice for many pension schemes

Clive Wellsteed
clock 15 April 2026 • 7 min read
Trustpilot