PICG FY 2021 Financial Highlights
Delivering for our stakeholders
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A message from our CEO
"The results that we have published today demonstrate a resilient, profitable business with a considerable and rapidly increasing presence across the economy. We have a robust balance sheet and strong Adjusted Operating Profit, our preferred assessment of the long-term nature of the business.
By focussing on fulfilling our purpose of paying the pensions of our current and future policyholders, PIC creates considerable long-term value for society and all our stakeholders. In our 15th anniversary year, the business has now paid £8 billion in pensions and has £10 billion invested across the country in sectors as diverse as social housing, renewable energy, education and in projects that help regenerate our cities. Recent investments are helping dynamic local authorities alleviate homelessness and we were also delighted to be the cornerstone investor in the UK’s largest urban regeneration project, taking our investment in urban regeneration to £500 million over 18 months.”
Tracy Blackwell Chief Executive Officer
Watch a video announcing our 2021 results
PICG’s annual review 2021 gives an overview of the
company’s performance.