Morrisons Chooses Capita Hartshead to Provide Auto Enrolment Solution
28 August 2012 (PLANSPONSOREurope.com) - Capita Hartshead has agreed a five-year contract with Morrisons to provide pension scheme administration and auto enrolment processing for its new cash balance scheme ahead of the supermarket giant’s 1 October staging date.
The scheme – the Morrisons Retirement Saver Plan will be administered from Capita Hartshead’s headquarters in Sheffield.
Wendy Taylor, Head of Central HR Services for Morrisons, said: “We are committed to helping our colleagues with retirement savings and wanted very easy-to-use tools for members. The straight-forward online opt in and opt out solutions, together with quality and value, were important factors in awarding Capita Hartshead the contract”
Paul Sturgess, Client Strategy Director for Capita Hartshead, adds: “Working with Morrisons to help it meet its auto enrolment duties is a significant opportunity for us. Morrisons is a great high-street brand and the imaginative solution it has developed will almost certainly create an industry blueprint as more businesses approach their staging dates.”
The contract starts with immediate effect.