Pension Insurance Corporation plc

Overview

Pension Insurance Corporation plc (PIC) is a UK-based specialist insurer of defined benefit pension funds. PIC provides tailored pension insurance buyouts and buy-ins to trustees and sponsors of UK defined benefit pension schemes, ensuring secure retirement incomes for policyholders. At the end of 2024, PIC had insured the pension benefits of nearly 400,000 individuals and had a portfolio of £50.9 billion, accumulated through these tailored solutions. PIC has made total pension payments of £16.2 billion to its policyholders and has invested £13.8 billion in UK private investments, including housing and infrastructure, creating considerable social value. Clients include FTSE 100 companies, multinationals, and the public sector. PIC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (FRN 454345).

Investment Focus

• Secure retirement incomes
• Tailored pension insurance buyouts and buy-ins
• Investment in UK private assets

Portfolio Companies