Professional Pensions: Stories of the week

CSPS issues to hit Capita 2026 profits, DWP terminal illness definition, UBS scheme and L&G complete buy-in

Professional Pensions
clock • 1 min read
Professional Pensions: Stories of the week

This week’s top stories include Capita confirming issues with the Civil Service Pension Scheme contract are expected to impact its profit in 2026 by up to £40m, the Department for Work and Pensions saying it will change the terminal illness definition for pension tax purposes, and UBS and L&G completing a £1.7bn buy-in.

1.      Capita says CSPS issues will hit 2026 profits by as much as £40m Capita says the issues with the Civil Service Pension Scheme contract are now expected to impact adjusted operating profi...

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