Capita Hartshead has been appointed to provide pensions administration to the UK's newly-formed Twyford Bathrooms Pension Scheme.
Capita beat two leading pension administrators to provide administration for the defined benefit scheme which has more than 800 active members.
Twyford Bathrooms was previously part of the Novar Group before it was taken over by the Finnish based firm Sanitec at the beginning of the year.
The appointment follows Capita Hartshead’s award to provide pension administration to the £70m First Choice Holidays Pension Scheme – a defined benefit scheme with 3700 members – in April this year.
Capita Hartshead business development manager Peter White said: “We are delighted to have been chosen to provide pension administration for the Twyford Bathrooms Pension Scheme. This is a very busy period for us during which we hope to add more clients to our portfolio.”
Capita Hartshead is in the running for six other administration contracts including a brewery pension scheme, a plumbing and heating manufacturer, a general engineering firm and a pharmaceutical company. Results are expected to be announced by the end of October.
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