Who We Serve

Members are at the heart of what we do. Our mission is to ensure you’re paid your promised pension by working to secure our members’ full benefits in the insured market as efficiently as possible.

If your promised pension passes to Clara, we’ll provide you with information at that point. Please note that we cannot offer you any advice on your pension. Clara will never contact you asking for details about your pension or any other financial services. Clara does not charge any fees to members and we’ll only ask for your bank details as part of our formal process when we start paying your pension.

First and foremost, we’re focused on getting the best results for you. Supported by a robust capital buffer, you can be assured that your pension is well-funded from day one where it will be managed with a prudent and appropriate level of risk.

By transferring your defined benefit pension to Clara, your scheme’s trustees are taking steps to ensure that promises made will be kept. They will have been working to a long-term plan for what the right future would be for their pension scheme and its members. For some pension schemes Clara won’t be the best choice as the scheme’s trustees can manage the journey to buy-out. Others will choose consolidators like Clara to help them make that journey to buy-out safer.

As a dedicated consolidator, backed by funded capital, Clara offers a lower-risk path to buyout via insured pension provision. Meaning you have a team dedicated to delivering your pension, while your employer or former employer can turn their attention back to the future of their business. Our model, governance and services to members are all about looking after people on that journey. Your trustees will have looked carefully at Clara, undertaking detailed due diligence to ensure that we are the right choice.

We understand you may have questions about how Clara works and what this might mean for your pension. The most important thing is we won’t change your promised pension: our goal is to deliver on that promise. Should your scheme decide to consolidate with us, your payments may be paid from a different source in future.

If your pension scheme is considering consolidation with us, they’re your best point of contact and will keep you updated as required. Alternatively, you can contact MoneyHelper for free and impartial guidance.

Our mission is simple: delivering the most secure pension promise as efficiently as possible. Clara offers a prudent path to a fully insured buyout for members.

Pension consolidation has long been suggested as a solution for many of the challenges faced by trustees and sponsors of defined benefit pension schemes. Bringing schemes together creates both scale and value, and can improve security for members while being affordable for sponsors.

First and foremost, we’re focused on delivering results for members. In good times and uncertain periods, we offer greater security that your members will have their pension promises met. By transferring pension assets and liabilities to Clara, you are putting your members’ pension in safe hands, with a fully funded covenant from day one, managed with a prudent and appropriate level of risk.

We know that good trustees will champion the interests of their members and one of the great benefits of Clara is our strong independent trustee board. Supported by market leading advisors, with their skills and expertise, our trustees are well placed to ensure our team keeps Clara on the right track.

With robust governance and regulation, and a funded capital buffer combined with a prudent and appropriate investment strategy, Clara enables ceding trustees and employers to fulfil their pension obligations while seeking to secure greater member security.

Talk to your scheme sponsor and the advisors to your scheme to discuss if consolidation is right for you. If you’d like more information on how Clara works, please get in touch.

At Clara, our goal is to deliver the most secure pension promise as efficiently as possible. For businesses, this means allowing Clara to assume responsibility for your defined benefit pension schemes, freeing you up to focus on growth.

As the member-first pension consolidator, our scale and the opportunities it will bring, helps to fulfil existing pension commitments to members. Our model aims to, in time fully secure promised pensions in the insured market as efficiently as possible: and we’ve built a strong, highly experienced team to deliver that.

While the future may be uncertain, pension consolidation offers you peace of mind that your employees will have their pension promises met. By transferring pension assets and liabilities to Clara, you are putting your members’ pension in safe hands, with a fully funded covenant from day one where it will be managed with a prudent and appropriate level of risk.

Discuss consolidation with the trustees of your pension scheme and your advisors to find out if Clara is right for you. If you would like any more information from us, please get in touch.

Over the last few years pension consolidation has emerged as a viable option for trustees and businesses to secure the future for their members, gaining strong support across the industry, government, and pensions regulatory bodies.

Our consolidation model puts members at the heart of what we do. We approach consolidation in a considered and professional way, giving members, sponsors, and trustees the information and time to consider whether we are the right choice for them.

For trustees and sponsors, we offer a path to fulfil their pension obligations the right way for members, at a sensible cost with experienced and professional oversight. Our fully funded covenant and prudent and appropriate investment strategy greatly improve pension security.

We’d encourage you and your clients to engage with The Pensions Regulator at an early stage as they consider consolidation. Once your clients have decided Clara is the right option for them and their members, a transaction with us will require clearance (or a similar process where there is no current sponsoring employer). You can find guidance on what they expect from prospective ceding trustees and employers on their website. The guidance includes how they test whether consolidation is the right option for a scheme and that a buy-out is not readily achievable – known as the ‘gateway’ test.

As part of a transaction we establish a new sectional of the Clara Pension Trust for each scheme. The Clara Pension Trust is governed by our board of fully independent trustees, giving sponsors and schemes – for whom buy-out is currently out of reach — the opportunity to accelerate the fulfilment of their pension promises.

Consolidators like Clara are overseen by The Pensions Regulator – we appear on the list of superfunds which have completed their assessment process. You can find out more about their expectations of superfunds and their expectations of those wanting to transact with a superfund on their website. The Clara Pension Trust is a Pension Protection Fund eligible pension scheme.

Talk to us today to see how consolidation with Clara can benefit your clients and their scheme members.