Pinsents bags pension longevity swap

Pinsent Masons has advised the trustee of one of Babcock International Group’s pension schemes, the Devonport Royal Dockyard Pension Scheme, on a ­longevity swap.

Credit Suisse will provide longevity ­protection for certain of the scheme’s ­pensioners and their ­dependants. The Pinsents team was led by national head of ­pensions Christopher Berkeley.