Jonathan Stapleton says in light of the construction giant's collapse, the government must urgently tackle the issue of scheme funding.
Carillion has filed for compulsory liquidation after emergency talks with its lenders and the government failed to reach a deal that would save the company.
Concerns over the potential imminent collapse of construction group Carillion has led to crisis talks over its 13 UK defined benefit (DB) schemes, according to reports.
The Carillion Defined Benefit (DB) Pension Trustee has agreed a longevity swap with Deutsche Bank covering £1bn of liabilities within its five schemes.
BT Pension Scheme and the Greater Manchester Pension Fund has appointed construction firm Carillion to begin development of One St Peter's Square based in Manchester city centre.