Notice Information
Notice Title
Pension Comparison Tools
Notice Description
The provision of services in respect of two digital pension guidance tools, to help consumers to compare their options and make the most of their retirement income when accessing their pension pots: 1. Annuities comparison tool 2. Investment Pathways comparison tool
Lot Information
Annuities Comparison Tool
The Annuity comparison tool will allow users to compare the income they might get from a lifetime or fixed-term annuity from the whole of the open market. Users can select from all the annuity options available and input detailed medical information. Annuity providers are required by the Financial Conduct Authority (FCA) to signpost to the tool within the quotes they issue to consumers so that they can check if they could get a better deal by shopping around. Consumers can use the tool to obtain quotes for a lifetime annuity or a fixed term annuity. It is not a transactional tool i.e., an annuity cannot be directly purchased through it.
Options: An extension of up to one (1) further year at the absolute discretion of MaPS
Renewal: An extension of up to one (1) further year at the absolute discretion of MaPS.
Investment Pathways Comparison ToolThe Investment Pathways comparison tool will display investment pathway solutions for four defined investment pathway objectives for each provider featured on the service. It will also display the first-year charge in monetary terms (illustrated in pounds and pence), comprised of the different charges and rates which each provider may apply. Only products available on the open market direct to consumers are displayed on the tool
Options: An extension of up to one (1) further year at the absolute discretion of MaPS.
Renewal: An extension of up to one (1) further year at the absolute discretion of MaPS.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-03c560
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/022920-2023
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- SME
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66520000 - Pension services
Notice Value(s)
- Tender Value
- £1,616,480 £1M-£10M
- Lots Value
- £1,616,479 £1M-£10M
- Awards Value
- Not specified
- Contracts Value
- £1,620,916 £1M-£10M
Notice Dates
- Publication Date
- 7 Aug 20232 years ago
- Submission Deadline
- 30 May 2023Expired
- Future Notice Date
- Not specified
- Award Date
- 24 Jul 20232 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- MONEY AND PENSIONS SERVICE
- Contact Name
- Dahamia Stephenson, Laura Bradshaw
- Contact Email
- commercial@maps.org.uk
- Contact Phone
- +44 2081325276
Buyer Location
- Locality
- LONDON
- Postcode
- EC1N 2TD
- Post Town
- Central London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI36 Camden
- Delivery Location
- Not specified
-
- Local Authority
- Camden
- Electoral Ward
- Holborn & Covent Garden
- Westminster Constituency
- Holborn and St Pancras
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.
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