LONDON—The transfer of £3 billion ($$4.57 billion) in U.K. pension plan liabilities of BMW (U.K.) Ltd. is the largest “longevity swap” since the first deal last year and experts say more deals are expected.
LONDON—The transfer of £3 billion ($$4.57 billion) in U.K. pension plan liabilities of BMW (U.K.) Ltd. is the largest “longevity swap” since the first deal last year and experts say more deals are expected.