Published on Thursday 10 September, the Hymans Robertson analysis is refreshed look at the security of Clara’s funded covenant against difference strength pension scheme sponsors. Member benefits are dependent on whether a scheme sponsor survives and the funding level of the pension scheme. The Hymans work helpfully compares the security of those member benefits under different scenarios. It gives helpful reassurance to those considering consolidation as to the increase in member security that Clara can provide.
You can find the report here.