Interview: Clara chief executive Simon True

True says Sears deal comes as ‘a relief’ after ‘devestating’ market volatility of last year

Jonathan Stapleton
clock • 6 min read
Simon True: There could be £200bn of opportunities among DB schemes
Image:

Simon True: There could be £200bn of opportunities among DB schemes

Jonathan Stapleton speaks to Clara chief executive Simon True about the challenges the superfund faced last year, its current pipeline of business and its ambitions for the future.

This morning (6 November), Clara Pensions announced that the trustees of the £590m Sears Retail Pension Scheme had agreed to enter into the UK's first ever superfund transaction. The deal - whic...

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

£1.2bn Stagecoach scheme to transfer to Aberdeen in innovative run-on deal

£1.2bn Stagecoach scheme to transfer to Aberdeen in innovative run-on deal

Deal will see Aberdeen receiving a minority share of any surplus generated

Holly Roach
clock 04 December 2025 • 5 min read
Steamship pension scheme secures £55m buy-in with Royal London

Steamship pension scheme secures £55m buy-in with Royal London

Deal is the first in the UK between a mutual BPA provider and the scheme of another mutual insurance company

Holly Roach
clock 02 December 2025 • 2 min read
CF Fertilisers and M&G complete £265m combined buy-in transaction

CF Fertilisers and M&G complete £265m combined buy-in transaction

The full buy-in for two pension schemes secures the benefits of over 1,350 retirees and deferred members

Holly Roach
clock 01 December 2025 • 2 min read
Trustpilot