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
Image:

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...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Industry supports DB surplus release so long as clear parameters set, Aon finds

Industry supports DB surplus release so long as clear parameters set, Aon finds

Poll finds industry favours prudent thresholds and detailed consideration when it comes to future plans for surplus release

Holly Roach
clock 23 April 2025 • 3 min read
Sponsoring employers facing less pressure after 'radical' funding improvements

Sponsoring employers facing less pressure after 'radical' funding improvements

Broadstone says employer contributions needed to plug scheme shortfalls have ‘plummeted’

Holly Roach
clock 22 April 2025 • 1 min read
Tender Watch: LGPS re-appoints Equiniti as admin software supplier

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

LGPS re-appoints Equiniti as software supplier on national framework for a further four years

Professional Pensions
clock 15 April 2025 • 1 min read
Trustpilot