Capita

The transaction covers the liabilities of 78 members of the Superior Pension Fund

Deal will see Capita administer the scheme for ten years from September 2025

Number of cyber-breaches in the pension sector reported to ICO increased by 4,000%

PP brings together all the appointments in the pensions industry over the past week

Harrods’ £400m buy-in, legal proceedings against Capita and annuity gap rises

Law firm has launched class action against the firm following the cyber incident in March

Samantha Howell says schemes must ensure policies and procedures are in place

Retailer says incident likely to have affected a large proportion of the scheme’s members

Scheme says favourable market conditions may result in a higher scheme surplus

Comes as TPR warns trustees to ensure member data is secure