Post by Pension Insurance Corporation plc

PIC is excited to announce the registration of Verda Living RP Limited (Verda Living), as a for-profit registered provider of social housing (FPRP), following approval from the Regulator of Social Housing.   PIC has invested almost £4 billion of long-term debt into UK social and affordable housing since 2012, supporting the delivery of thousands of homes across the country. With the launch of Verda Living, PIC is taking a direct role in the provision of social and affordable housing, working alongside local authorities and delivery partners. The long-term, inflation linked cashflows generated will support pension payments to PIC’s policyholders.   Read the full press release here: https://lnkd.in/eDisnSz7 Hayley Rees, Rasheed Rahman, James Agar, Ellie Kennedy, Ximena Redfern-Tongs, Sam Winnard and Tanmay Desai #purpose #investments #pensions #policyholders #future #socialhousing