Capita

This week’s top stories include Axa’s deferred longevity swap with Hannover Re, and Capita’s restructuring plans for simplifying the business.

Capita Pensions has signed a five-year contract extension with the £66.5bn Universities Superannuation Scheme (USS) to continue to deliver the fund’s pension system and administration support.

The Marie Curie defined benefit (DB) scheme has entered into a circa £30m full scheme buy-in agreement with Legal & General (L&G) Assurance Society.

Capita Pensions has partnered with data technology solutions firm Intellica to tackle the GMP equalisation challenges facing pension schemes.

Capita has appointed Stuart Heatley as the managing director of its pensions business to succeed Nigel Purveur.

Capita has deferred a £31.7m deficit recovery contribution (DRC) due to the Capita Pension and Life Assurance Scheme in June 2020 to the second half of the year.

Professional Pensions spoke to Capita Pensions Consulting managing director Stuart Heatley as part of an exclusive series of interviews with the leaders of some of the UK’s leading pension consulting firms. This is what he had to say…

Barnet Council has appointed West Yorkshire Pension Fund (WYPF) to replace Capita to administer its local government pension scheme (LGPS).

The government-backed Star Initiative has reached 50 signatories, surpassing its initial target of 30. Holly Roach looks at the project’s progress.