Delivering full benefits for Debenhams Retirement Scheme members 

The Debenhams Retirement Scheme (the Scheme) received a lot of press coverage when the retailer appointed Administrators. The news that the Scheme trustees have agreed a transaction with Clara Pensions (Clara), allowing the Scheme to exit PPF assessment and for all 10,400 members to join Clara and receive their originally promised pensions in full (along […]

Clara-Pensions and the Debenhams Trustee announce agreement to transfer members of the Debenhams Retirement Scheme out of PPF assessment 

14 March 2024: Clara-Pensions (Clara), the member-first consolidator for defined benefit pension schemes, and the Trustees of the Debenhams Retirement Scheme have reached agreement on the UK’s second ever superfund transaction.   The 10,400 members of the Debenhams Scheme, which entered the Pension Protection Fund’s (PPF) assessment period in April 2019 following the insolvency of Debenhams, […]

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