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Pension Insurance Corporation plc (PIC), a specialist in insuring defined benefit pension schemes, has finalised a £4.3 ...

The Rolls-Royce UK Pension Fund has completed a £4.3bn buy-in deal with Pension Insurance Corporation (PIC), securing the ...

Analysts at JPMorgan hiked their target price on Rolls-Royce by 20% to 1,245p on Monday following the group's "exceptionally ...

Said to be “another step on our journey towards simplifying Rolls-Royce”, it is the largest UK risk-transfer deal so far this year ...

As of 0715 GMT, the blue-chip index FTSE 100 gained 0.3% and the British pound rose 0.09% against the dollar to above 1.34.

London-based PIC provides risk transfer for defined benefit pension schemes. Early last month, parent Pension Insurance Corp Group Ltd agreed to a GBP5.7 billion acquisition by Athora Holdings Ltd, a ...

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Rolls-Royce's involvement in aero engines started with the Eagle from the mid-1910s, designed at the behest of the British ...

Rolls-Royce Holdings Plc has sold its UK pension pot to an insurance firm in a £4.3 billion ($5.8 billion) deal, bolstering the engine manufacturer’s efforts to simplify its business.