Overall, there has been a slight decrease in the average time taken for PENSION INSURANCE CORPORATION PLC to pay invoices to suppliers over the past three periods. However, there has been some volatility in the percentage of invoices paid within 30 days, with a decrease in the latest period compared to the previous one.
There has been some volatility in the percentage of invoices paid within 30 days, with a decrease in the latest period compared to the previous one. However, the percentage of invoices paid between 31 and 60 days has remained relatively stable over the past three periods.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
Pension Insurance Corporation plc (PIC) is a specialist UK insurer that provides tailored pension insurance buyouts and buy-ins to trustees and sponsors of UK defined benefit pension schemes. It pays the pensions of its current and future policyholders, backing these liabilities with an investment portfolio. The company also works with pension scheme trustees to help secure members' pensions through risk transfer arrangements, and reports policyholder numbers and portfolio size at group level. It is registered in London and is part of a wider corporate group, referenced on its site as associated with Athora.
Generated from the company's website and Companies House records. Sources: pensioncorporation.com · pensioncorporation.com