Pension Insurance Corporation

Pension Insurance Corporation insures defined benefit pension funds in the UK through pension insurance buyouts and buy-ins. This process: Secures pension benefits to the highest level, within the insurance regulatory framework; Removes risk from those companies responsible for defined benefit pension funds, increasing shareholder value; and recycles capital back into the economy, helping fund infrastructure projects.

Country

United Kingdom

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$53

Chief Executive

Tracy Blackwell

Chief Investment Officer

Rob Groves

Chair

David Weymouth

Asset allocation

32% Debt Securities - Government

36.9% Debt Securities - Corporate

16% Debt Securities - Private Investments

2.5% Equity release mortgages

0.6% Mortgage and Asset backed

9.8% Participation in investment schemes

2.2% Deposits with credit institutions

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of December 31, 2022. All information is as per the most recent annual report or other publicly available data via the fund's website

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