Capita secures pensions contract renewal valued at £137 million
London, 19 February 2026: Capita plc ("Capita") announces today that its
Pension Solutions business has secured a contract renewal with an existing UK
client, effective from Q1 2026. This renewal is valued at £137 million for a
total term of up to 10 years.
This deepens and extends the client relationship as Capita continues to deploy
new technology and innovations to streamline transactions, expand capacity,
and enhance customer experience.
Chris Clements, Managing Director of Capita Pension Solutions, said: “We are
delighted to continue to strengthen this relationship, and are looking forward
to continuing to deliver an exceptional service, with new technology solutions
and tools to improve the customer experience and create better outcomes for
all.”
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Notes to editors:
The total IFRS 15 transaction price (order book) for the contract is £137
million over the 10-year extended term.
For more information, please contact:
Investor enquiries
Helen Parris
Director of Investor Relations
Email: IRteam@capita.co.uk
Stephanie Little
Head of Investor Relations
Email: IRteam@capita.co.uk
Media enquiries
Email: media@capita.co.uk (mailto:media@capita.co.uk)
About Capita plc
Capita is a modern outsourcer, helping clients across the public and private
sectors run complex business processes more efficiently, creating better
consumer experiences. Operating across eight countries, Capita’s 34,000
colleagues support primarily UK and European clients with people-based
services underpinned by market-leading technology. We play an integral role in
society - our work matters to the lives of the millions of people who rely on
us every day