Capita secures pensions contract renewal valued at £137 million

Capita plc 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.”

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

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.