Clara-Pensions

Clara-Pensions is a member-first consolidator for defined benefit pension schemes, offering a "bridge to buyout" model that aims to provide greater security for pension scheme members. They take on the liabilities of existing sponsors, replacing the traditional covenant with a funded capital buffer. This frees up companies to focus on growth while ensuring members receive their full promised pensions. Clara operates under the oversight of The Pensions Regulator and has successfully completed their assessment process for superfunds.

Their mission is clear: to protect the interests of their members and deliver the best results for them. They believe consolidation is the way forward for many members, trustees, and businesses, offering a safer and more secure pension promise. Clara is committed to providing a managed journey to an insured buyout, giving members the security of a fully insured pension earlier. Their model is based on robust governance, a prudent investment strategy, and a well-funded capital buffer, ensuring that members’ interests are paramount.

Clara-Pensions focuses on providing a secure and stable future for pension scheme members, and this extends to their employees as well. The company offers a robust benefits package that includes comprehensive training on a variety of topics including modern slavery, whistleblowing and financial crime. Beyond this, information about specific benefits such as health insurance, retirement plans, or paid time off is not provided on their website.

Clara-Pensions is a member-first consolidator for defined benefit pension schemes. Their mission is to protect the interests of their members and deliver the best results for them by bringing defined benefit pensions schemes together with improved funding and robust governance. Clara acts as a bridge for pension scheme members, from the company that currently supports their pension to a long-term insured future, providing a safer pension promise today by combining its own capital and robust governance with additional contributions from sponsors.

Clara-Pensions promotes a "member-first" culture, prioritizing the interests of their pension scheme members and delivering the best results for them. This is reflected in their values, which emphasize a focused, innovative, responsible, and commercial approach. They have assembled a highly experienced team of pensions, investment, and financial services experts, and they work closely with independent trustees to ensure the highest standards of governance. This commitment to ethical and responsible practices is further highlighted by their dedication to Net Zero investment emissions and their Modern Slavery Statement.

Clara-Pensions does not explicitly state their approach to diversity, equity, and inclusion on their website.