Resources Contact us Search Login About us What we do How we do it Financials Events The Purpose of Finance Media Home About us Testimonials ABOUT US Share Corporate sponsors Trustees Policyholders Other If you look at the reasons why eventually we ended with PIC, values was one of the key points. Essentially, the guys we met and the organisation had the same feel as ours. They spoke straight, they said things as they were, they didn’t use jargon, and we felt that it was a company we could do business with." Geoff Matthews Leaf CEO and Chairman of the Leaf UK Pension Trustees (Buyout 2013) Siemens is the sponsor of several DB schemes in the UK. There is an overall aim to de-risk the schemes in the medium term. Siemens’ Pension Captive Program, in collaboration with PIC, is an important and innovative part of the de-risking strategies which works on a local level as well as at the Siemens group level." John Smith Head of Pensions at Siemens plc They’ve got a great team. We think we work really well. My philosophy is very much one that I want everybody to work as a team. Our pension scheme, to make it work, relies on lots of input from lots of people. PIC now are a big input into that." Lester Farrant UK Group Pensions Manager for TotalEnergies (buy-in announced 2014) The agreement with Pension Insurance Corporation is an important step in our overall strategy to de-risk the London Stock Exchange Retirement Plan. We are very pleased with the outcome and look forward to working with PIC." Doug Webb, Chief Financial Officer of London Stock Exchange Group Plc (buy-in announced in 2011) …we were able to run a competitive process to choose an insurer which demonstrated value for money, financial strength and strong operational credentials. PIC met these requirements and provided a flexible, innovative solution." Richard Stephens Toray Textiles Europe Ltd (buyout announced June 2011) It is not often, in the world of finance, that you come across people with whom you can both negotiate hard and enjoy the process at the same time!" CEO Unnamed client sponsor of pension scheme PIC insured in 2010 We have been really delighted to work together with the PIC team in the [unnamed] pension scheme buyout. Your team is very talented and highly professional…" CAO Unnamed sponsor of pension scheme PIC insured in 2010 We have been delighted to work with PIC to implement an innovative long-term solution to the Scheme for the benefit of the members. At the same time it allows us to focus on the continued expansion of our business and remaining pension scheme arrangements." Mark Bower Company Secretary, Arnold Laver (buyout announced 2010) Share Home Sitemap Privacy policy Terms of use Cookie Policy Making a complaint Manage cookie preferences © Copyright 2021 Pension Insurance Corporation plc by Emperor Pension Insurance Corporation plc is registered in England and Wales under company number 05706720. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (FRN 454345). Its registered office is at 14 Cornhill, London EC3V 3ND. PIC is proud to hold a range of industry awards and accreditations. See our latest awards. Our use of cookies Our website uses ‘necessary cookies’ to make it work. To help us understand the information you’re most interested in and improve our website, we’d like to use ‘optional cookies’ but only if you allow this. Our ‘Manage cookie preferences’ tool gives you control over the types of cookies used when you visit our website; you can use the ‘Manage cookie preferences’ link at the bottom of any page on the website to review or update your cookie preferences. For more detailed information about the cookies we use, please visit our Cookies page. Accept all cookies Manage cookie preferences >