NEWS   |    November 30, 2021

Clara-Pensions breaks new ground in the defined benefit pensions world

Congratulations to Clara-Pensions for becoming the first defined benefit superfund to complete The Pensions Regulator’s assessment process, breaking new ground in the DB pensions world.

TPR has assessed Clara’s model, its governance structure, its key personnel, and its financial sustainability among other criteria. TPR noted Clara had met its “tough new standards” of governance and administration that it had set out to ensure assessed DB superfunds met its expectations to protect savers.

To read more on this news, please click here.

The views in this article are intended for general information purposes only and should not be used as a substitute for professional advice. Arc Pensions Law and the author(s) are not responsible for any direct or indirect result arising from any reliance placed on content, including any loss, and exclude liability to the full extent. Always seek appropriate legal advice from a suitably qualified lawyer before taking, or avoiding taking, any action. If you have any questions on the points raised in the above, please do not hesitate to get in touch.

Related News