Capita renews contract to administer the Royal Mail Statutory Pension Scheme
In a deal worth £48m over eight years, Capita will continue to provide a high-quality service for more than 350,000 RMSPS members while migrating delivery to a single platform, leveraging Microsoft Dynamics and other hyperscalers’ digital capabilities integrated into Capita’s Hartlink solution. Capita has administered the RMSPS since 2017, delivering services including finance, accounting and taxation administration, pension payroll and reporting, as well as data analysis and management.
Notes to editors:
The total IFRS 15 transaction price (order book) is £48m.
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