Government terminates Royal Mail Statutory Pension Scheme contract with Capita

Government said it has a ‘lack of confidence in Capita’s ability’

Holly Roach
clock • 1 min read
paymaster general and Cabinet Office minister Nick Thomas-Symonds. CC BY 3.0 Attribution 3.0 Unported
Image:

paymaster general and Cabinet Office minister Nick Thomas-Symonds. CC BY 3.0 Attribution 3.0 Unported

The government has terminated the Royal Mail Statutory Pension Scheme’s contract with Capita.

In a ministerial statement in parliament today (22 April), paymaster general and Cabinet Office minister Nick Thomas-Symonds said this comes "following a failure to meet critical transition milesto...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

PP Investment Awards 2025... Leadenhall Capital Partners

PP Investment Awards 2025... Leadenhall Capital Partners

Leadenhall Capital Partners was named Insurance Linked Securities Manager of the Year at the 2025 awards

Holly Roach
clock 05 June 2026 • 6 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Pensions UK RLS, millions of savers set to reduce contributions, UK master trusts launch steering group

Professional Pensions
clock 05 June 2026 • 1 min read
News Digest: 'There's no end in sight' - The Civil Service Pension Scheme crisis six months on

News Digest: 'There's no end in sight' - The Civil Service Pension Scheme crisis six months on

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 05 June 2026 • 1 min read
Trustpilot