General Insurance Article - Clara Pensions announce actuarial and secretariat advisers


Clara-Pensions, the member-first consolidator for defined benefit pension schemes, today announces several advisory firms, following its recent launch.

 Clara has established a new consolidation vehicle for defined benefit schemes, which will act as a bridge for members from their current company sponsor to the insured market.
 
 Kim Toker, COO of Clara-Pensions, said: “When we designed Clara, we knew from the outset that establishing a best-in-class infrastructure that draws on the knowledge and advice of the people and firms who have spent decades in the pensions industry would be fundamental to providing a truly member-first solution.
 
 “CMS, Hymans Robertson, Eversheds Sutherland and Ross Corporate Services each stood out to us as firms that could work in perfect partnership with Clara and our trustees as we build a business that works hard to secure pension scheme members’ futures.”
 
 This series of advisory announcements is the latest development for Clara, as it prepares to welcome its first defined benefit pension scheme in the coming months. It follows the recent announcements that it has appointed Lawrence Churchill as its inaugural Chairman; and Alan Pickering CBE, Michael Chatterton and Frank Oldham as the first trustees of its independent governing board.  

 • CMS, the international law firm, has been Clara’s legal adviser since June 2017 playing a key role in the development of our solution.
 • Hymans Robertson, the pensions and risk consultancy, has been selected as the scheme’s actuarial adviser having been closely involved in developing our proposition since the beginning of the year.
 • Eversheds Sutherland, the global legal practice, has been selected as legal adviser to the independent Trustees of the Clara Pension Trust.
 • Ross Corporate Services, the pension scheme governance specialist, has been selected as the scheme’s secretariat.
  

Back to Index


Similar News to this Story

IASB eases IFRS17 reporting requirements
Commenting on the decisions from the International Accounting Standards Board (IASB) meeting, which considered certain amendments to IFRS 17.
Festive season sees worst and best days for accidents
The lead up to Christmas is a frantic time, so with all the chaos and distraction of December, car insurer Admiral is reminding motorists to take extr
Eight in ten SMEs blind to cyber attacks and data loss
As cyber attacks increase, many businesses still don’t have the right protection, know the rules around GDPR or realise the risk to their company, rev

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.