Post by Pension Insurance Corporation plc

Today we have announced that PIC has concluded a £35 million buy-in with the Royal Institute of British Architects 1974 Staff Pension Scheme, securing the benefits of 168 Scheme members. The Royal Institute of British Architects (RIBA) was established 190 years ago, representing and championing a global community of architects, their practices and aspiring students.   Ann Rigby, Chair of the Trustees for the Scheme and representing BESTrustees, said: “We’re really pleased to have completed this transaction with PIC. Its team were innovative and flexible as we addressed the complexity of the Scheme’s benefit structure. Fully securing the benefits of our members within the insurance regulatory framework has been our long-term objective, and with RIBA’s support we are proud to have achieved this for our members.” Read the full press release here: https://lnkd.in/eVKwqMDQ Matt Richards, Jake Stanbridge, Charlotte McNamara, Katharine Howe, Rachel Uttley, Adam Lees #purpose #investments #pensions #policyholders #future