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Published:

28 / 08 / 2025

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Amy Mankelow​

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PIC completes £4.3 billion Rolls-Royce buyout transition in nine months with Brightwell serving as administration partner

Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension schemes, has completed the buyout of all 36,000 members of the Rolls-Royce UK Pension Fund ('the Fund'), just nine months after signing a £4.3 billion full buy-in with the Trustee.  In order to achieve continuity of service, including the Trustee’s digitally focussed approach, PIC has appointed Brightwell as its administration partner. Brightwell has set up a new, dedicated office in Derby and the existing Rolls-Royce administration team, who were already based in Derby, have transferred to Brightwell to ensure that expertise is retained.

Find out more about “PIC completes £4.3 billion Rolls-Royce buyout transition in nine months with Brightwell serving as administration partner”

16/07/2026

Brightwell recognised as one of the UK’s Best Workplaces for Wellbeing

Brightwell has been recognised as one of the UK’s Best Workplaces for Wellbeing™ 2026, ranking in the top 50 for large companies.

Find out more about “Brightwell recognised as one of the UK’s Best Workplaces for Wellbeing”

26/06/2026

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