Bridge to buy-out: Difference between revisions
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*[[Buyout]] | *[[Buyout]] | ||
*[[Consolidation]] | *[[Consolidation]] | ||
*[[Defined benefit]] (DB) | *[[Defined benefit pension scheme]] (DB) | ||
*[[Governance]] | *[[Governance]] | ||
*[[ | *[[Pension]] | ||
*[[Resolution]] | *[[Resolution]] | ||
*[[Superfund]] | *[[Superfund]] | ||
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==Other resource== | ==Other resource== | ||
*[https://www.treasurers.org/hub/treasurer-magazine/third-way-resolve-pension-scheme-risk A third way to resolve pension scheme risk - Matt Wilmington - chief transactions officer at Clara-Pensions - The Treasurer online - February 2025] | *[https://www.treasurers.org/hub/treasurer-magazine/third-way-resolve-pension-scheme-risk A third way to resolve pension scheme risk - Matt Wilmington - chief transactions officer at Clara-Pensions - The Treasurer online - February 2025] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 15:30, 14 February 2025
Finance - pensions - defined benefit - superfunds.
A financial structure that can be used to reach a defined benefit pension fund buy-out, for example via a pensions superfund.
- The Clara Pensions Trust superfund
- "The idea behind [pension] superfunds like Clara is simple. For companies and schemes that can’t afford to go straight to the insurance market, they offer a more affordable “bridge to buy-out”.
- To undertake a transaction, the pension fund members are transferred from the existing company pension scheme into a dedicated section of the Clara Pensions Trust – a sectionalised occupational pension scheme overseen by a board of independent, professional trustees...
- Once inside a superfund, the scheme benefits from significant economies of scale across investment, governance, and member administration that consolidation can provide.
- Meanwhile, just as is the case in an insured buy-out, the sponsoring company is freed of its liabilities, leaving it to concentrate on the core business."
- A third way to resolve pension scheme risk - Matt Wilmington - chief transactions officer at Clara-Pensions - The Treasurer online - February 2025.
See also
- Bridge
- Bridge facility
- Bridge financing
- Bridge to bond
- Buyout
- Consolidation
- Defined benefit pension scheme (DB)
- Governance
- Pension
- Resolution
- Superfund
- Trust
