Clara Pensions announces first superfund deal with Sears Retail Pension Scheme
The trustees of the £590m Sears Retail Pension Scheme have agreed to enter into the UK’s first ever superfund transaction with Clara Pensions.
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The trustees of the £590m Sears Retail Pension Scheme have agreed to enter into the UK’s first ever superfund transaction with Clara Pensions.
The Pensions Regulator (TPR) has amended its guidance on defined benefit (DB) superfunds, after warning the market is “yet to really get going”.
News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service
The government has published its response to its consultation on the consolidation of defined benefit (DB) pension schemes in superfunds – saying it would now begin work to develop a permanent legislative regime.
Clara Pensions has appointed Richard Zugic as chief financial and operating officer.