Newsroom

Capita announcement

BAE Systems Pension Scheme members with SIPS Benefits may have seen in the press the announcement that Capita has sold its Employee Benefits business to a company called Benefex.  
The sale does not include their defined benefit pensions administration business and within its announcement Capita has cited that “this sale is to enable Capita to remain solely focussed on their pensions business”. Capita has informed us that the service they provide to members remains entirely unaffected by this sale. A link to the Capita announcement can be found here.