Capita

Capita has set out plans to transform its business and raise £701m in additional capital at the same time as it unveiled a £513.1m annual loss.

Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.

John Gray says we should think about investing more locally, but there are a number of serious practical investment problems to overcome

This week's top stories were Capita's shares falling by over 40%, and Royal Mail reaching agreement with its union to launch the UK's first collective defined contribution scheme.

Shares in Capita have fell by over 40% this morning after the outsourcing firm announced it had suspended its dividend and initiated a multi-year transformation plan.

This week's top stories were potential strike action at Capita over closing its DB scheme, and Unite members narrowly rejecting Royal Mail plans to create cash balance scheme.

Now Pensions has appointed Neil Buckley as chief operating officer and Capita's Neil Brady as operations director in its Nottingham office.

Young savers are willing to give up employer contributions to save for retirement in the lifetime ISA (LISA), despite this reducing their potential funds.

Pensions administration can be made safer by the development of blockchain technology says Robin Hames.

The Pensions Regulator (TPR) has selected Capita for a further three years to continue the roll-out of automatic enrolment (AE) to small and micro employers.