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Sears scheme fully transfers into Clara in first superfund transaction

The Clara Pension Trust has now completed its first superfund transaction with the Sears Retail Pension Scheme, meaning the benefits of its 9,600 members have now been transferred.

Lynne rawcliffeLaw debenture pension trust corporationClara pensionPensions regulatorSixth streetPension trustSears retail pension schemeClara pensions trustClara pension trustLawdeb pension trusteesLynne rawcliffe

Clara Pensions announces first superfund deal with Sears Retail Pension Scheme

The trustees of the £590m Sears Retail Pension Scheme have agreed to enter into the UK’s first ever superfund transaction with Clara Pensions.

United kingdomTalan pickeringBarnett waddinghamEversheds sutherlandAndrew griffithHymans robertsonClark peacockVan lanschot kempenSears trusteesClara trusteeClara pensionClara pensionsPensions regulatorClara pensions trustSears retail pension schemeSimon true

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