27th Apr 2020 09:13
(Alliance News) - Business processing and outsourcing company Capita PLC on Monday said it has secured a four-year GBP60 million contract extension to administer a pension scheme for teachers on behalf of the UK Department for Education.
Under the contract extension, which is due to start on October 1, 2021, Capita will continue to deliver the administration of the UK Government Teachers' Pension Scheme for all members in England and Wales.
The contract also covers multiple services, including all stakeholder, member and employer engagement; customer contact and digital solutions; data analytics; and change management and innovation.
Shares in Capita were up 4.7% at 34.99 pence each in London on Monday morning.
By Tapan Panchal; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
Capita