Pension Insurance Corporation
Law and Regulation
The Financial Reporting Council (FRC) has hit Mazars with almost £2m in fines and costs for giving bad advice to trustees of the First Quench scheme.
02 September 2014
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Defined Benefit
Pension Insurance Corporation (PIC) increased its operating profit by 200% in the first half of the year following a string of new bulk annuity contracts.
27 August 2014
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Risk Reduction
Which are the largest schemes to have been offloaded to insurance companies?
21 August 2014
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Industry
Strong bulk annuity sales have helped plug losses incurred in Prudential's individual annuity business, its half-year results show.
12 August 2014
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Industry
The value of buy-in and buyout deals completed in the first half of the year was four times higher than in the same period last year, research shows.
11 August 2014
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Risk Reduction
The trustees of the Miki Travel Limited Pension & Assurance Scheme have secured a buyout with Pension Insurance Corporation (PIC).
06 August 2014
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Investment
Pension Insurance Corporation has provided £114m of funding as the sole investor in an innovative loan which allows the University of London to redevelop some of its student accommodation.
08 July 2014
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Risk Reduction
Pension Insurance Corporation (PIC) has secured £300m of new capital to grow its business by targeting multi-billion pound buy-ins and buyouts.
02 July 2014
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Risk Reduction
The Total UK Pension Plan has insured £1.6bn of pensioner liabilities with Pension Insurance Corporation (PIC) in the second largest UK bulk annuity transaction to date.
09 June 2014
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Appointments
Pension Insurance Corporation (PIC) has appointed Elliot Varnell and William Coatesworth to its risk team.
26 March 2014
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