All PIC articles
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NewsPIC says DC saving pots should not be referred to as ‘pensions’
DC schemes fail to meet the key definition of a pension – the provision of a regular income, says PIC
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NewsPeople moves: Achmea IM appoints new chair
Plus: ICGN’s chief to retire, HSBC AM hires head of UK credit solutions
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NewsPeople moves: Aon Denmark appoints Carsten Christoffersen as new CEO
Aon Denmark appoints new CEO to drive business to new heights
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NewsUK roundup: Mitchells & Butlers scheme in £1.2bn buy-in with Standard Life
Plus: LGIM launches fossil fuel exclusion strategy; Qantas Airways pension fund completes £40m buy-in with PIC
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NewsWave of demand for bulk annuity market expected to hit record level
Bulk annuity market doubled over the last five years, says PIC
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NewsPension Insurance Corporation sets out climate-related disclosures
PIC is committed to decreasing its investment carbon intensity by 50% by 2030
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NewsUK roundup: Church Commissioners commit £100m to impact investment
Plus: Gates schemes complete £132m buy-in deal with PIC
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NewsSolvency II reform could free up ‘tens of billions of pounds’ for UK infra, says PIC
PIC calculates appropriate reform could increase its planned investment of £30bn in productive finance by 2030 to £50bn
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NewsPeople moves: Amundi names Dutch CEO; French caisse elects board president
Amundi, CNAVPL, Regnan, JOHCM, La Française, Vanguard, M&G, Aon, JP Morgan Asset Management, Pension Insurance Corporation, Tikehau Capital
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NewsOld British Steel Scheme set for £2bn buyout with PIC
The transaction will secure the pensions of 30,000 former steelworkers and keep them out of the Pension Protection Fund
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NewsUK roundup: TPR pipes up over inter-DC transfers; ‘Cross-country’ PRT deal
Plus: Co-op Pace pension fund de-risks again with Aviva in £350m deal
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NewsPIC invests £250m in debt issued by City of London
The investment is part of an ambitious programme of major projects designed to benefit the Square Mile, London and the UK
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NewsTobacco giant seals £3.4bn pension de-risking deal with PIC
Transaction accounts for the bulk of British American Tobacco’s UK DB pension fund, and is Pension Insurance Corporation’s biggest deal to date
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NewsMarks & Spencer strikes fresh buy-ins worth £1.4bn with PIC, Phoenix
The UK high street chain has now insured ‘approximately two thirds’ of its pensioner liabilities to reduce exposure to longevity changes and other risks
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NewsCommerzbank UK scheme insures DB and DC sections for £1.2bn
Also: Rothesay Life backs £110m buyout of electronics company pension plan
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NewsUK roundup: Railpen scheme director to retire
Plus: Hampshire LGPS awards short-term global equity mandate; Co-op seals £425m buy-in deal
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NewsPeople moves: UBS hires Unilever’s in-house sustainability expert
UBS Asset Management, Univest, Pension Insurance Corporation, Amundi, SEI, Fiera, Fulcrum, Kempen, Eaton Vance
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NewsBankrupt UK retailer’s pension fund secures €895m insurance buyout
Pension Insurance Corporation insures benefits of BHS scheme after two years of public scrutiny of former owners
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NewsUK bulk annuities set for record year as 2018 total hits £20bn
Cost of pension derisking may increase if demand continues, warns consultancy group
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NewsPension Insurance Corporation seals two more de-risking transactions
Civil Aviation Authority and 600 Group have both insured some or all of their pension liabilities
