Pan-European savings and retirement services group Athora Holding Limited has agreed to acquire Pension Insurance Corporation Group, the parent company of Pension Insurance Corporation (PIC), for £5.7 ...

Specialised life insurance group Athora has agreed to buy UK insurer Pension Insurance Corporation (PIC), for about 5.7 billion pounds ($7.78 billion), both companies said on Thursday.

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In recent years, the handling of the nation’s largest public pension fund has caused growing alarm among a group of retirees who rely on it.They have sought an outside audit of California’s $530 ...