Pension Insurance Corporation (PIC) saw its pre-tax profits fall more than 40% in 2013, despite securing new insurance business worth £3.7bn.
The GeoPost UK Pension Scheme has secured a £30m buy-in with Pension Insurance Corporation (PIC) to cover liabilities relating to 645 pensioner members.
The trustees of the Dynochem UK Pension Scheme have concluded a £15m buyout of pensioner liabilities and 100 members with the Pension Insurance Corporation (PIC).
Schemes concluded a record £3.9bn of buyouts and buy-ins in the third quarter of 2013, says JLT Employee Benefits.
The Leaf UK Pension Scheme has secured a £35m buyout with Pension Insurance Corporation, covering approximately 700 members.
Pension Insurance Corporation (PIC) has reinsured the longevity risk relating to £1.4bn of the liabilities in its bulk annuity portfolio with a range of reinsurance houses.
The NCR pension plan has entered into a £670m buy-in with Pension Insurance Corporation (PIC) covering 5,400 members of the consumer transaction tech firm's subsidiaries in the UK.
The Tate & Lyle Amylum UK Pension Scheme has agreed an £82m buy-in to cover all liabilities relating its pensioner and deferred members.
In the second of a two-part roundtable debate on infrastructure, PP looks at the opportunities on offer; and the government's current approach to infrastructure investing.
The multi-employer Lloyds Superannuation Fund has insured £40m of its liabilities with Pension Insurance Corporation (PIC).