Tag Archives: Clara
Claire Altman of Standard Life – serious about VFM as delivering pensions!
This week’s VFM podcast did not go as expected for Nico and Darren as it featured Claire Altmann as Standard Life’s Managing Director: BPA & Individual Retirement I have a very high regard for Claire. She is familiarly Clara and … Continue reading
Innovation in DB – Brightwell making pensions easier.
You are probably bored by my calling for more innovative use of Defined Benefit pensions to help savers exchange pots for pensions. This blog is not about that, it is about the tricky experience of becoming a pensioner after a … Continue reading
New DB models must offer both clear benefits and proper protections
Supporting innovation in savers’ interests: new DB models must offer both clear benefits and proper protections The Pensions Regulator has published a new blog. It is republished here with kind permission of its author and its CEO. At The … Continue reading
Clara’s Party
Clara celebrated its first deal in style last night. The deal with Sears’ Pension Scheme is the proof of concept for superfunds but it a £31m boost for the 9,500 pensioners and deferred pensioners who otherwise had the eventual prospect … Continue reading
Clara’s triumph, a real deal or an expensive proof of concept?
Several people have commented on yesterday’s post that the £30mn buffer provided by Clara to support the £600mn Sears pension appears ” a little low”. A bit of digging into the Sears accounts reveals that the scheme has … Continue reading
The first superfund deal is done – Clara have consolidated the Sears scheme.
Congratulations to Clara for doing the first superfund deal – well in advance of Christmas! The FT reports Under the agreement… 10,000 members of the Sears Retail Pension Scheme will transfer to Clara Pensions, a “superfund” that promises employers a … Continue reading
Adam Saron – a true gent.
I will use a very old fashioned word and say I feel like a real “heel”, this morning. My mother says it a lot so I’m not inclined to google its origination. Best left that I feel like a … Continue reading
Superfunds and COVID-19
In a very good overview of superfunds, Jo Cumbo and the FT explain the new option available to the 5000+ employers sponsoring DB schemes on what Guy Opperman calls their spectrum of choice. Jo makes clear that superfunds are not … Continue reading
Convince or collapse – the options for small DB schemes in the next decade.
We stand on the cusp of the third decade of the 21st century. That decade is likely to see small DB schemes collapse into consolidators or stand firm with renewed conviction. I wonder if I will still be … Continue reading
Posted in CDC, dc pensions, de-risking, defined ambition, defined aspiration, pensions
Tagged actuaries, Clara, DB pensions, Pension Superfund, pensions, Superfund
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