About us

We’re experts at helping trustees of defined benefit pension schemes secure their members’ pensions.

Trustees

Trustees

How we work with the trustees of UK defined benefit pension schemes

Policyholders

Policyholders

Our policyholders are our number one priority and we pride ourselves on the quality of our customer service

Purposeful investments

Purposeful investments

Investments that secure the pensions of our policyholders and make a difference for generations to come

Investors

Investors

Creating long-term social value

New & insight

News and insights

Read our latest news releases and insight articles

Careers

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About us.

The purpose of PIC is to pay the pensions of our current and future policyholders

I want to find:

We’re experts at helping trustees of defined benefit pension schemes secure their members’ pensions.

Delivering on our purpose and creating social value

We back the pensions of our policyholders with investments that are very secure and socially beneficial.

£50.9bn

portfolio

^{(as at December 31, 2024)}

397,100

policyholders

99.3%

policyholder satisfaction

Social value

Pensions for our growing policyholder base are backed by a purposeful investment strategy. The strategy prioritises the management of key risks, including Environmental, Social and Governance ('ESG') metrics, as integral to paying the pensions of our policyholders over the coming decades.

Our purpose

Rachel Fennell, PIC policyholder

Our customers are our priority

We value all our stakeholders and work hard to provide an exceptional service to all our customers (policyholders, trustees and sponsors). We listen to and are responsive to their requirements.

Our culture and values