Clara-Pensions has appointed RSM UK as its audit partner.

Announcing the appointment, Clara said that it also has an "active pipeline" of schemes looking to join in the coming months and add to its £1.2bn of assets under management.

Commenting on their partnership with Clara, RSM UK head of pensions, Ian Bell, said: "Clara is the pensions industry's first-ever authorised superfund, so it's exciting to be selected as their audit provider to support them on this journey.

"We look forward to working closely with Clara's management team, given the complexity and timescales involved in delivering the corporate and pension scheme audits.

"The way Clara is structured presents some interesting audit challenges; therefore, our approach must be agile and innovative. We anticipate Clara will grow rapidly as demand for their unique offering will be high."

Clara CEO, Simon True, added: "Clara's appointment of RSM as our auditor continues our approach of sourcing a wide range of expert partners to support our work delivering something genuinely innovative to the pensions industry.

“Ian's team will bring additional rigour and expertise to our business as it grows into an organisation responsible for tens of thousands of members and several billion pounds of their pension assets."

---