Growing 'momentum' for superfunds as Clara announces latest transaction – LCP
Pensions & benefits Strategic journey planning Corporate strategy DB pensions
Helen
Abbott
Covenant Partner
Clara-Pensions has agreed its second Small Schemes Offering transaction, bringing a c.£40m pension scheme with more than 400 members into the Clara Pension Trust.
It's great to see Clara announcing its second transfer of a small scheme today, demonstrating growing momentum behind its proposition for smaller schemes. This scheme will join Videndum, the first scheme to transfer under Clara's small schemes proposition, on which LCP advised the Trustees. More broadly, we're seeing increased interest in superfunds as a target destination across a range of schemes, and we expect this to continue to grow as new providers enter the market over the next year.
Helen Abbott Partner at LCP
