Pension Corporation

Pension Insurance Corporation plc (‘PIC’) is a specialist UK insurer. PIC provides tailored pension insurance buyouts and buy-ins to the trustees and sponsors of UK defined benefit pension funds. PIC was founded in 2006 and has since then become a major player in the UK pensions market.

The papers below were published between 2008 and 2010 when PIC was establishing itself in a rapidly evolving market environment.

Research Papers

Who will pay Inter-generational transfers and public sector pensions July 2010

The crisis and pensions – international experiences November 2009

Back to the drawing board: The economic crisis and implications for pensions provision in the United Kingdom June 2009

Public sector pensions Rationale and international experiences June 2009

Evaluating public and private sector pensions: The importance of sectoral pay differentials May 2009

Longevity: Trends, uncertainty and the implications for pension systems March 2009

Pensions A Complex Landscape November 2008

Briefing

Tax relief on employer and employee pension contributions: rationale, value and distribution March 2010

The treatment of unfunded public sector pension liabilities and debt in national accounts January 2010

Back to the drawing board: The economic crisis and its implications for pension provision in the UK An update December 2009

Commentary

Pensions A very complex issue October 2010

Measured approach to public sector pension reforms October 2010

Can there be anything as safe as houses October 2010

Pensioners have done relatively well over the last three decades but will this continue? October 2010

Total financial reward higher in the public than private sector? It is scandalous but not for the obvious reasons…September 2010

Two steps forward, one step back: Germany’s renewed debate about raising the state pension age August 2010

100 days of coalition government: Quo vadis British pensions? August 2010

New Zealand’s Kiwisaver seems to be delivering, which must be good news for NEST August 2010

A default retirement age seems out of date in an ageing society August 2010

What does long-term care funding have in common with public sector pay and pensions? July 2010

Assessing the long-term sustainability and inter-generational fairness of government policies July 2010

The EU Commission’s Green Paper on Pensions goes beyond funding requirements July 2010

Raising the state pension age sounds good but is not without its challenges June 2010

Cutting public sector jobs: more than just a déjà vu moment June 2010

Can everybody afford an employment-based pension? June 2010

Can a senior civil servant be worth £150,000 per year? June 2010

The new government’s take on pensions May 2010

Fiscal sustainability and population ageing April 2010

What does preparing for old age have to do with the global economic crisis February 2010

Updated actuarial assumptions help the PPF 7800 January 2010

2009 Pre-Budget Report December 2009

Presentations

UK pensions: from leader to laggard? (Presentation to DG ECFIN) 2010

Back to the drawing board: The economic crisis and its implications for pension provision in the United Kingdom, 6th Euroframe Conference on economic policy issues in the European Union Causes and consequences of the current financial crisis: What lessons for European Union countries?, 2009 (jointly with Dr Amarendra Swarup)