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

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Tender Watch: Cadent Gas Pension Trustee selects Northern Trust as custodian

Tender Watch: Cadent Gas Pension Trustee selects Northern Trust as custodian

Appointment follows detailed due diligence exercise that was managed independently

Professional Pensions
clock 30 October 2024 • 1 min read
Mixed industry views on DB run-on, SPP finds

Mixed industry views on DB run-on, SPP finds

SPP and APL survey of pension professionals finds minority think run-on is viable long-term strategy

Jasmine Urquhart
clock 23 October 2024 • 1 min read
Trustpilot