Updated: First Clara transaction could catalyse £5bn of superfund deals

Landmark deal could herald ‘transformative change’ in the industry

Jonathan Stapleton
clock • 4 min read
Jonathan Griffith: The deal reflects a reinvigorated commitment to delivering improved outcomes
Image:

Jonathan Griffith: The deal reflects a reinvigorated commitment to delivering improved outcomes

The landmark superfund transaction between Clara Pensions and the Sears Retail Pension Scheme could herald a raft of similar deals – with new providers and similar solutions set to enter the market.

Lane Clark & Peacock (LCP) - which acts as investment consultant to the Clara Pension Trust - said that, as highlighted by the transaction, the superfund model can enhance the support provided to m...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Royal Horticultural Society scheme secures £22m buy-in with Royal London

Royal Horticultural Society scheme secures £22m buy-in with Royal London

Transaction secures the benefits of 230 pension scheme members

Holly Roach
clock 13 August 2026 • 2 min read
Utmost Life and Pensions appoints Aberdeen to manage CRE lending brief

Utmost Life and Pensions appoints Aberdeen to manage CRE lending brief

Deal will support insurer’s growing bulk annuity business

Jonathan Stapleton
clock 12 August 2026 • 2 min read
Royal Society of Chemistry solidifies £83m buy-in with PIC

Royal Society of Chemistry solidifies £83m buy-in with PIC

Transaction secures the benefits of 468 pension scheme members

Holly Roach
clock 11 August 2026 • 1 min read
Trustpilot