Clara-Pensions is the member-first consolidator for defined benefit pension schemes. It acts as a bridge for pension scheme members, from the company that currently supports their pension to a long-term insured future.

Clara provides a safer pension promise today by combining its own capital and robust governance with additional contributions from sponsors, who can now transfer the burden of their pension liabilities to Clara. This frees up companies to focus on their future growth.

Clara will provide a managed journey to an insured buyout, giving members the security of a fully insured pension earlier. Only once all members have their full benefits secured will Clara provide a long-term return on capital for investors.

Matt is an actuary who has spent much of the past 15 years working with pension schemes and insurers in the world of derisking. Starting life as a pensions consultant at Aon, he advised trustees and sponsors on many of the market’s early buy-ins, buyouts and longevity swaps. Gamekeeper turned poacher, he moved insurer side, initially at Legal & General and then Scottish Widows with the responsibility of structuring and executing a wide range of pension derisking solutions. Matt has recently joined Clara Pensions as Chief Transactions Officer where he is responsible for Clara’s new business activity and, when the time is right, the de-risking of the sections of the Clara Pension Scheme.