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

The Floow chosen to advise on road safety UPLIFT project
The Floowhave announced it has been appointed by Innovate UK on behalf of The Government’s Industrial Strategy Challenge Fund to advise on its new UPL
Aon releases 2019 Cyber Security Risk Report
Aon has released its 2019 Cyber Security Risk Report. The report, which details the greatest cyber security threats and challenges organizations are c
Winter storms and extreme cold lead to billion dollar damage
Aon launches its Global Catastrophe Recap – January 2019. This evaluates the impact of global natural disaster events to identify trends, manage volat

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS


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