Robust governance is central to Clara’s purpose of securing the full pension promise for each of its members. The Clara management team is complemented by a highly experienced Chairman and an independent board of trustees for its pension trust.

Alan Pickering, CBE - BESTRUSTEES

Alan Pickering, CBE, who is Chair of Trustees for Clara, is a trustee of multiple pension schemes and the Chairman of BESTrustees. He has previously served as a Non-Executive Director of The Pensions Regulator and as Chairman of the National Association of Pension Funds (NAPF), now known as the Pensions and Lifetime Savings Association (PLSA).

Frank Oldham - ITS LIMITED

Frank Oldham is a Client Director at Independent Trustee Services (ITS). He is also a trustee Director of the MMC UK Pension Fund and a Non-Executive Director of a captive insurer. Prior to ITS, Frank was Global Leader of Defined Benefit Risk Consulting and Solutions at Mercer. In this role he advised both large pension fund boards and a number of FTSE 100 and multinational scheme sponsors.

Michael Chatterton - Law Debenture

Michael Chatterton is Managing Director at Law Debenture. He represents the firm on eight pension schemes whose assets range from £100 million to £10 billion. He is chairman on five schemes and sole trustee on two. He previously held roles as Head of Settlement Solutions at Watson Wyatt (now Willis Towers Watson) and Chief Executive of Black Mountain Group.

Lawrence Churchill, CBE -

Lawrence Churchill, CBE, was appointed Chairman of Clara’s corporate board in September 2018. A lifelong advocate of putting pension members’ interests first, Lawrence has more than 40 years’ experience in financial services. He was the founding chairman of the Pension Protection Fund (PPF) and advised on the passage of the Pensions Act 2004 through Parliament which established both the PPF and the Pensions Regulator.