Simon True says need for PPF consolidator ‘not obvious’ in a ‘vibrant’ market
UK’s second ever superfund deal will provide £34m of new capital to secure pensions in full
True says Sears deal comes as ‘a relief’ after ‘devestating’ market volatility of last year
Superfund will provide £30m of ring-fenced ‘buffer’ funding as part of the transaction
New role combines responsibilities of previous chief financial and chief operating officers
A breakdown of the different models the industry’s two superfunds offer
Comes six months on from the DB superfund receiving TPR approval
A new CEO for Clara Pensions and a four-part consultation on DC