PIC calls for Singapore-style planning pilots in UK cities
By IAN Editorial Desk
News date: 12 October 2026Published 19 October 2026·2 min read
Primary source: pensioncorporation.com
The insurer models a potential £6.4 billion cut in delivery costs for homes permitted from 2024 to mid-2025.
Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes, has called for planning reform led by major regional cities such as Manchester and Birmingham and by other mayoralties. In a release dated 12 October 2026, the insurer said faster approvals in those areas could help unlock stalled redevelopment, housing and infrastructure projects.
Hayley Rees, managing director of…
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