Clara Pensions CEO questions need for public sector consolidator

Simon True says need for PPF consolidator ‘not obvious’ in a ‘vibrant’ market

Martin Richmond
clock • 2 min read
L-R: Barnett Waddingham risk transfer partner Richard Gibson, Sackers associate director Emily Rowley and Clara Pensions CEO Simon True
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L-R: Barnett Waddingham risk transfer partner Richard Gibson, Sackers associate director Emily Rowley and Clara Pensions CEO Simon True

The need for a public sector consolidator for defined benefit (DB) schemes is “not obvious” in a “vibrant” risk reduction market, Clara Pensions chief executive (CEO) Simon True has said.

Speaking yesterday (25 April) at the Barnett Waddingham DB Conference, True said consolidation was a "fundamental principle" of Clara after its completion of its superfund deals with the Sears Reta...

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