The Carillion Defined Benefit (DB) Pension Trustee has agreed a longevity swap with Deutsche Bank covering £1bn of liabilities within its five schemes.
The swap, which is part of Carillion's long-term de-risking strategy, covers around 9,000 pensioners within its Alfred McAlpine Pension Plan, the Carillion B Pension Scheme, the Carillion Staff Pen...
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