Common Contracts
2 similar Signs Agreement contracts
PIC SIGNS AGREEMENT TO FUND EQUITY RELEASE MORTGAGES WITH LEADING PROVIDERSigns Agreement • April 6th, 2017
This funding arrangement marks PIC’s entry into the ERM market, which is playing an increasingly important role in allowing people to plan effectively for their retirements. The provision of this funding by PIC meets with the company’s aims of participating in areas that align with its purpose of providing financial safety and security to pensioners. It also aligns with the company’s aims by further diversifying its investment portfolio. As a source of long- dated cash flows, the ERM assets will be able to match PIC’s longer dated liabilities. The investment into ERM compliments PIC’s recent, substantial, investments into social housing, student accommodation and other infrastructure sectors.
PIC SIGNS AGREEMENT TO FUND EQUITY RELEASE MORTGAGES WITH LEADING PROVIDERSigns Agreement • April 6th, 2017
This funding arrangement marks PIC’s entry into the ERM market, which is playing an increasingly important role in allowing people to plan effectively for their retirements. The provision of this funding by PIC meets with the company’s aims of participating in areas that align with its purpose of providing financial safety and security to pensioners. It also aligns with the company’s aims by further diversifying its investment portfolio. As a source of long- dated cash flows, the ERM assets will be able to match PIC’s longer dated liabilities. The investment into ERM compliments PIC’s recent, substantial, investments into social housing, student accommodation and other infrastructure sectors.
