All Pension Insurance Corporation (PIC) articles
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NewsPeople moves: Denmark’s Velliv names chief financial officer
Plus: Schroders appoints investment head; Investment Association chief to step down next summer
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NewsWolseley Group Retirement Benefits Plan in £600m buy-in with Aviva
The transaction secures benefits of nearly 10,000 members
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NewsUK largest pension providers and insurers back regional growth drive
All Accord signatories, along with Rothesay, PIC and the PPF, have signed up to the ‘Sterling 20’ initiative
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NewsRolls-Royce completes £4.3bn full buy-in with PIC
The transaction insures pension benefits of 15,000 pensioners and 21,000 deferred members
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NewsJust Group to be acquired by Brookfield Wealth Solutions in £2.4bn deal
BWS intends for Blumont and Just to operate as a single, consolidated insurance group under Just Group brand
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NewsHuntsman Pension Scheme in £205m buy-in deal with M&G
Momentum for smaller schemes continues to build
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NewsPensions Insurance Corporation Group acquired for £5.7bn
PIC will be held by a single strategic owner for the first time in its 20-year history
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NewsBaker Hughes completes three buy-ins worth £900m with PIC
The transactions secure pensions of over 3,000 pensioners and dependents, and nearly 4,000 deferred members
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NewsBulk purchase annuity transactions hit record number in 2024
298 bulk purchase annuity transactions were completed in 2024, an increase from 227 in 2023
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NewsPIC CEO Tracy Blackwell to retire after 20 years of service
The board has now processed with the formal search for successor
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NewsMomentum expected to continue for smaller schemes in BPA market
2024 saw new entrants Royal London and Utmost complete their first deals below £100m
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NewsPeople moves: Alecta poaches duo from AMF
Plus: Aviva Investors picks head of EMEA institutional client relationship management; Regeneration.VC adds partner, chief impact officer
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NewsClarks Footwear Pension Fund completes second buy-in with PIC
PIC has now insured all £820m of the fund’s defined benefit liabilities
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NewsPIC completes first transaction under streamlined service Mosaic
The buy-in deal for the General Council of the Bar Pension and Life Assurance Fund is worth £20m and covers its 103 members
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NewsSEI joins forces with PIC to facilitate master trust access for DB scheme members
DB scheme members with DC and AVC arrangements will be able to access the SEI Master Trust
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NewsHays pension scheme completes £370m buy-in with PIC
The transaction is final step towards Hays fully insuring its UK DB pension obligations
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AnalysisUK’s productive agenda overlooks life insurers holding £310bn of pension assets
UK life insurers could potentially invest up to £100-£200bn in productive investments over the next 10 years
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NewsThree UK pension schemes complete buy-in transactions
Atradius Pension Scheme completed £190m buy-in with PIC; Halma Group Pension Plan and Apollo Pension and Life Assurance Plan completed £250m buy-in with Standard Life
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AnalysisUK bulk annuity market expected to close at £40-50bn in 2024
Before the end of the year, there will be 11 insurers providing quotes on deals, more than ever before in the UK and showing the vibrancy of the market, says WTW
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AnalysisIPE UK Briefing: UK looks up to Canadian model
Plus: Making growth assets more investable; British Co-Investment Fund is launched; Value for Money consultation
