Pension Insurance Corporation
Risk Reduction
The Menzies Pension Fund has entered into a £75m buyout with Pension Insurance Corporation (PIC) through a bespoke deal involving payments in instalments.
13 August 2018
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2 min read
Risk Reduction
Approximately 9,000 members who transferred to the BHS2 Pension Scheme last year have had their benefits fully insured through a buyout with Pension Insurance Corporation (PIC).
13 August 2018
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2 min read
Risk Reduction
Around £8bn of buy-ins and buyouts were completed in the first half of this year, writing the highest volume of deals of any first half to date.
09 August 2018
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3 min read
Investment
Pension Insurance Corporation (PIC) has invested £150m in debt issued by Heathrow Airport.
26 July 2018
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1 min read
Risk Reduction
Pension Insurance Corporation (PIC) has completed a £60m buy-in deal for the Civil Aviation Authority's defined benefit (DB) scheme.
23 July 2018
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1 min read
Industry
This week's top stories included coverage of the Court of Appeal's judgment in the latest instalment of British Airways' five-year battle with its trustees.
06 July 2018
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1 min read
Risk Reduction
PP asks three lawyers about how the key legal issues schemes facing schemes conducting or considering risk reduction exercises
26 June 2018
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13 min read
Defined Benefit
The Abu Dhabi Investment Authority (ADIA) has agreed to acquire up to 21.4% of shares in the Pension Insurance Corporation (PIC) Group from its founding investor J.C. Flowers & Co.
19 June 2018
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1 min read
Appointments
Pension Insurance Corporation (PIC) has named Dominic Veney as chief actuary and appointed him to its senior management team.
30 May 2018
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1 min read
