Founded in 2006, Pension Insurance Corporation plc (PIC) is a leading provider in the UK's pension risk transfer market. The company's core business is to provide bulk purchase annuities to the trustees and sponsoring employers of defined benefit pension schemes. In doing so, PIC takes on the responsibility for paying the pensions of the scheme members, removing the associated investment and longevity risks from the company's balance sheet. Its mission is to be a trusted provider of long-term financial security to its policyholders by managing its assets and liabilities prudently.

Founded in

United Kingdom