January 16, 2018 / 9:05 AM / 8 months ago

BRIEF-Capita's Life, Pensions Business Administration To be Transferred From Capita

Jan 16 (Reuters) - Capita Plc:

* ‍ANNOUNCED THAT ADMINISTRATION OF ITS LIFE AND PENSIONS BUSINESS WILL BE TRANSFERRING FROM CAPITA TO A NEW SUPPLIER ON 31ST JULY 2018​

* ‍CAPITA WILL CONTINUE TO ADMINISTER PRUDENTIAL’S INTERNATIONAL OPERATIONS​

* LIFE AND PENSIONS OPERATIONS ARE EXPECTED TO CONTRIBUTE REVENUE OF AROUND £80M TO CAPITA IN FULL YEAR TO DECEMBER 2017. Source text for Eikon: Further company coverage:

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