Clara-Pensions

📢 Clara-Pensions and Wates Group Announce Landmark Pension Transfer Agreement We are pleased to announce that the Wates Group Pension Fund, encompassing 1,500 members and £210 million in assets, will transfer to Clara-Pensions, the UK's only defined benefit superfund. This strategic move enhances member benefit security while supporting Wates Group in effectively managing its pension obligations. Key Highlights: 👍 Enhanced Member Security: Clara and Wates Group are injecting additional capital to strengthen member protections. ⚡ Industry Milestone: The UK’s third superfund transaction—and the first with an active sponsor—sets a new precedent. 📈 Expanding Pipeline: Clara’s pipeline now exceeds £5 billion in liabilities, reinforcing its leadership in defined benefit consolidation. Matt Wilmington, Chief Transactions Officer at Clara-Pensions, commented: “At Clara, our pipeline has never been so healthy, with over £5bn of liabilities currently under active discussion. We are immensely proud to have completed our first transaction of this type, demonstrating to active businesses that Clara is a great option for both them and the members of their legacy pension schemes. This transaction paves the way for more sponsors to enhance the security of their employees’ and former employees’ benefits by entering Clara.” For more details: https://lnkd.in/gWfvMTst

📢 Clara-Pensions and Wates Group Announce Landmark Pension Transfer Agreement We are pleased to announce that the Wates Group Pension Fund, encompassing 1,500 members and £210 million in assets, will transfer to Clara-Pensions, the UK's only defined benefit superfund. This strategic move enhances member benefit security while supporting Wates Group in effectively managing its pension obligations. Key Highlights: 👍 Enhanced Member Security: Clara and Wates Group are injecting additional capital to strengthen member protections. ⚡ Industry Milestone: The UK’s third superfund transaction—and the first with an active sponsor—sets a new precedent. 📈 Expanding Pipeline: Clara’s pipeline now exceeds £5 billion in liabilities, reinforcing its leadership in defined benefit consolidation. Matt Wilmington, Chief Transactions Officer at Clara-Pensions, commented: “At Clara, our pipeline has never been so healthy, with over £5bn of liabilities currently under active discussion. We are immensely proud to have completed our first transaction of this type, demonstrating to active businesses that Clara is a great option for both them and the members of their legacy pension schemes. This transaction paves the way for more sponsors to enhance the security of their employees’ and former employees’ benefits by entering Clara.” For more details: https://lnkd.in/gWfvMTst

🎉🏆 Huge congratulations to team Clara for completing a 6-week step challenge, journeying from a German Christmas market to London and back! 🎄Together, we covered a staggering total of over 10,500 km! A special shoutout to our winning team, ‘Pimp My Stride,’ who absolutely crushed it with over 2,000 km covered! The winning team has chosen to support the charity Single Homeless Project and we’re thrilled to announce that Clara-Pensions will be donating £1,000 to this wonderful cause! Nina Bingham Rebecca Wainwright Sam Tomes Prashanth Patil

We are excited to announce the release of a new learning manual from our Academy Partner, Clara-Pensions! This piece will look to delve into commercial consolidators or “superfunds.” The content in this manual explains what superfunds are, how a transfer to a superfund works, the benefits to members and sponsors and which schemes are suitable for consolidation.    This briefing sets out why superfunds are becoming an essential consideration for schemes, and explains how to prepare for a superfund transaction, including data quality, member communications and structuring scheme assets.       Find out more – https://bit.ly/3VjYkUq   We’re also looking forward to being joined by Clara-Pensions' Matt Wilmington and Jayne Pocock FPMI tomorrow at 10:00am, who will be hosting their training session on the emerging role of Superfunds! Topics of discussion will include:     - What are pension superfunds, and how do they differ from traditional pension schemes?   - How superfunds are an option for many, not just for distressed sponsors.   - Regulatory landscape and the future of superfunds.   - Risks and rewards: What sponsors and Trustees need to know.  - How superfunds could reshape de-risking in the coming years.     See you there – https://bit.ly/3Ab6jMm   #PMIpensions #Clarapensions #webinar #pensionsUK #Superfund #learningmanual 

Don’t miss Clara-Pensions' online training webinar on the 3rd December, where Matt Wilmington and Jayne Pocock FPMI will talk through the emerging role of superfunds!     Topics of discussion will include:    - What are pension superfunds, and how do they differ from traditional pension schemes?  - How superfunds are an option for many, not just for distressed sponsors.  - Regulatory landscape and the future of superfunds.  - Risks and rewards: What sponsors and Trustees need to know. - How superfunds could reshape de-risking in the coming years.    Find out more – https://bit.ly/3Ab6jMm   #PMIpensions #Clarapensions #webinar #pensionsUK #Superfund 

And our day 2 Clara Darts Draw winner has been announced. Congratulations to Haroon Khan from Intellica Ltd We had a huge 350 entries to today’s draw and another bottle of champagne waiting for tomorrows final winner. Come and visit Clara at stand G7 and see how many ‘20’s’ you can hit! #PLSAannual2024

Congratulations to today’s winner, Joe Craig from Quietroom, who won the Clara Darts Draw and is starting his evening off well with a bottle of champagne! Come and visit the Clara team at #PLSAannual24 stand G7 to enter the daily Darts Draw!

We’re counting down the days until the Pensions and Lifetime Savings Association annual conference.   Our CEO, Simon True, and our CFO, Richard Zugic, are speaking at panels on the Wednesday. Simon will be discussing the "Future of DB Schemes" at 4:30 and Richard will be looking at the “LDI and the Consolidation of DB Schemes” at 3:10.   We'll also have our own stand (G7) at the conference, complete with entertainment and treats. Whether you’re an old face or new, make sure to come say hi to some of the Clara team! Louise Ellisdon, Lewis Edmonds, Matt Wilmington, Simon True, Richard Zugic, Nina Bingham   See you in Liverpool! #PLSAannual24 #DBConsolidation

We are delighted to announce that last month Clara won the Alternative Endgame Solution Provider of the Year at the Professional Pensions UK Pensions Awards. An amazing evening filled with familiar faces from across the industry, it was a real privilege to win such a prestigious reward against such a competitive shortlist. Congratulations also to our partner Van Lanschot Kempen Investment Management for winning Fiduciary Manager of the Year! Earlier this year, in May, Clara won its first award for ‘DB Innovation’ at the Pensions Expert’s inaugural Innovation Awards, so it has been an exciting few months for the team. You can find a web blog on our recent award wins here: https://lnkd.in/eFdgdMbG

We welcome another new member of the Clara team this week. Matt Wilmington joins us from Scottish Widows to take on the new role of Chief Transactions Officer. Matt will lead our origination activities and also integrate new members when they join Clara. Full details are on our website about Matt, as well as a new role for Luke Stratford-Higton and a fond farewell to Dan Adams https://lnkd.in/edQcy3MQ