Arco Group Pension and Life Assurance Scheme agrees transfer to Clara-Pensions

Arco Group Pension and Life Assurance Scheme agrees transfer to Clara-Pensions

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1,281 members of the Arco Group Pension and Life Assurance Scheme set to transfer to Clara, with around £135m of assets. In another first for Clara, this agreement forms part of a wider corporate transaction involving Arco Limited, demonstrating the role superfunds can play in supporting M&A.
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https://clara-pensions.com/news/arco-group-pension-and-life-assurance-scheme-agrees-transfer-to-clara-pensions/
Clara-Pensions
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Clara is the member-first consolidator for defined benefit pension schemes focussed on securing the full pension promise for each individual member. When employees sign up to a pension scheme with defined benefits, those benefits are precisely what they should go on to receive. We support trustees, businesses, and advisors in protecting those members’ interests and solving their pensions challenges. When a scheme joins our superfund, we work diligently and efficiently to prepare it for ultimate buyout in the insured market. Members receive their promised income, trustees meet their obligations and employers are freed up to focus on growth.