REG-Capita PLC: Pensions Regulator extends partnership with Capita <Origin Href="QuoteRef">CPI.L</Origin>

CapitaAnnouncement

04/07/2016 07:30

RNS 
 
 04 July 2016 
 
 The Pensions Regulator extends partnership with Capita for an additional
three years 
 
 The Pensions Regulator has agreed to extend its partnership with Capita for a
further three years to ensure the continued successful roll-out of automatic
enrolment (AE) to small and micro employers. The contract extension is worth
an additional £37 million over three years and will run from October 2018. 
 
 Capita has been working with The Pensions Regulator since 2011, delivering
direct communications to employers who are preparing for AE. The extension
reflects the success of the partnership in helping The Pensions Regulator to
maximise compliance with AE pensions regulation. 
 
 So far more than 140,000 employers have been through AE, resulting in more
than six million people being automatically enrolled. The Pensions Regulator
and Capita have worked in partnership to deliver a tailored approach to
communications that is helping to deliver compliance rates of more than 90%
amongst small and micro employers. 
 
 Under the extended contract, Capita will continue to deliver high-volume
employer communications both to employers yet to implement automatic enrolment
and to employers who have already undergone the process and will need to
re-enrol staff. Capita will also continue to administer enforcement
communications including compliance notices. 
 
 The Pensions Regulator continues to be responsible for the automatic
enrolment strategy, policy, the overall approach to communications, compliance
and enforcement including prevention and detection activities. 
 
 Lesley Titcomb, Chief Executive of The Pensions Regulator, said: “Our
automatic enrolment communications approach is working. The continuation of
our partnership with Capita will ensure stability and consistency, taking us
to the point where all existing employers will have undergone automatic
enrolment.”  
 
 Andy Parker, Chief Executive of Capita plc, said: “The extension of our
contract with The Pensions Regulator reflects our strong partnership ethos and
further demonstrates the value Capita continues to bring to public sector
projects. Our targeted and high quality information and communications
approach has clearly played an essential role in helping employers to comply
with such a fundamental and important change. We look forward to continuing to
work with The Pensions Regulator to ensure the process is as simple, efficient
and clear as possible as the roll-out continues.” 
 
 ENDS 
 
 For further information: 
 Capita plc 
 Tel: 020 7799 1525 
 Andy Parker, Chief Executive 
 Shona Nichols, Executive Director, Communications 
 Andrew Ripper, Head of Investor Relations 
 
 Media enquiries 
 
 Annabelle Chalker 
 Annabelle.chalker@capita.co.uk 
 Tel: 020 7654 2399 
 
 Note to editors 
 
 Capita is a leading UK provider of technology-enabled customer and business
process services and integrated professional support services. With 75,000
people at over 500 sites, including 94 business centres across the UK, Europe,
India and South Africa, Capita uses its expertise, infrastructure and scale
benefits to transform its clients' services, driving down costs and adding
value. Capita is quoted on the London Stock Exchange (CPI.L), and is a
constituent of the FTSE 100 with 2015 revenue of £4.7 billion. Further
information on Capita can be found at: www.capita.com . 
 


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