Premier Foods linked to £2bn longevity swap deal
Premier Foods is the latest company to be linked with a big-money longevity swap deal as it seeks to offload £2bn of longevity risk from its Rank Hovis McDougall pension scheme.
According to reports, trustees at the company - responsible for brands such as Branston Pickle and Mr Kipling - are close to signing a contract with an unnamed reinsurer. Premier Food's defined benefit...
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