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Risk Reduction
The Old British Steel Pension Scheme (OBSPS) has agreed a £2bn full buy-in with Pension Insurance Corporation (PIC), one step closer to exiting Pension Protection Fund (PPF) assessment.
21 October 2020
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3 min read
Risk Reduction
Pension Insurance Corporation (PIC) Group secured £3.5bn of defined benefit (DB) scheme liabilities throughout the first half of the year, although adjusted profits fell by nearly three-quarters.
10 September 2020
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2 min read
Investment
Pension Insurance Corporation (PIC) has acquired a prime city-centre site in Manchester as the location for its first build to rent (BTR) project, investing £130m to fund the construction of 520 residential apartments, over 6,000 square feet of commercial...
01 September 2020
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1 min read
Risk Reduction
The Pension SuperFund co-founder Edi Truell responds to PIC’s call for a consolidator to take on smaller underfunded schemes.
30 June 2020
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2 min read
Risk Reduction
Pension Insurance Corporation has reiterated its call for the establishment of a new consolidation vehicle, run by a not-for-profit agency, to target smaller underfunded schemes with weak sponsors.
24 June 2020
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2 min read
Risk Reduction
MetLife has completed its first UK longevity reinsurance transaction, covering the risk of £280m of Pension Insurance Corporation (PIC) liabilities.
19 June 2020
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2 min read
Investment
Pension Insurance Corporation (PIC) has provided £277m of debt funding for eight Spanish solar parks.
11 June 2020
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1 min read
Risk Reduction
After a bumper year, insurers are now facing a slower and smaller pipeline as schemes grapple with Covid-19, writes James Phillips.
04 May 2020
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Risk Reduction
Key players in the Dock Workers Pension Fund tell James Phillips the tale of getting to endgame ahead of plan
15 April 2020
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Risk Reduction
The Co-operative Pension Scheme (Pace) has agreed its third buy-in this year, insuring £400m of liabilities in the Co-operative Bank section of the scheme with Pension Insurance Corporation (PIC).
14 April 2020
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