Milestone for STAR as it reaches 50 participants

Launched November 2018

clock • 2 min read

Capita has signed up to the government-backed STAR Initiative, taking its total number of participants to 50.

The initiative, which launched in November 2018, aims to improve industry standards while reducing pension transfer times for defined contribution schemes to less than 21 days.  It also measures and accredits performance excellence across the industry, as well as specifying good practice targets for completing a transfer.  Members of STAR are "determined" to galvanise the industry into signing up to the initiative and its goal of speeding up the transfer of pension and investment assets between providers. It has previously called on the CEOs of companies to sign up to its initiative. ...

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