Notice Information
Notice Title
Retirement Consultancy Services Framework
Notice Description
Specialist consultancy support for the development of the organisational model and development of the investment approach. Lot 1 - Decumulation expertise, scheme and product design a) DC decumulation pensions market capability, expertise in UK market for DC pension provision, specifically in decumulation, and the latest policy, regulatory and industry developments. b) Capability in UK decumulation pension scheme design that enables the pooling of longevity and other risks, in a money purchase or other legislative/regulatory context. c) Decumulation product design - capability in all stages of decumulation product design, from user research, to translating member needs into design principles, detailed product design, and implementation. Lot 2 - Bulk Insurance and Risk Transfer a. Actuarial expertise and advisory services on longevity risk transfer mechanisms for defined contribution schemes, including buy-ins, buy-outs, and longevity swaps - encompassing pricing analysis, structuring, transaction execution, investment considerations, and ongoing governance and administration. b. Experience of developing approaches to longevity risk transfer for defined contribution schemes.
Lot Information
Decumulation expertise, scheme and product design. Bulk Insurance and Risk Transfer Longevity Analysis and Modelling Member Experience and Communications
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-06085f
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/061043-2026
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- UK7 - Contract Details Notice
- Procurement Type
- Framework
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
73 - Research and development services and related consultancy services
-
- CPV Codes
66100000 - Banking and investment services
66120000 - Investment banking services and related services
66523000 - Pension fund consultancy services
73000000 - Research and development services and related consultancy services
Notice Value(s)
- Tender Value
- £3,000,000 £1M-£10M
- Lots Value
- £3,000,000 £1M-£10M
- Awards Value
- £3,450,000 £1M-£10M
- Contracts Value
- £3,450,000 £1M-£10M
Notice Dates
- Publication Date
- 30 Jun 20262 weeks ago
- Submission Deadline
- 13 Feb 2026Expired
- Future Notice Date
- Not specified
- Award Date
- 6 Mar 20264 months ago
- Contract Period
- 28 Jun 2026 - 31 Mar 2030 3-4 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Active, Pending
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- LONDON
- Postcode
- E14 4PU
- Post Town
- East London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI4 Inner London - East
- Small Region (ITL 3)
- TLI42 Tower Hamlets
- Delivery Location
- Not specified
-
- Local Authority
- Tower Hamlets
- Electoral Ward
- Canary Wharf
- Westminster Constituency
- Poplar and Limehouse
Further Information
Notice Documents
-
https://www.find-tender.service.gov.uk/Notice/061043-2026
30th June 2026 - Contract details notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/059712-2026
25th June 2026 - Contract details notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/041979-2026
7th May 2026 - Contract details notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/037137-2026
23rd April 2026 - Contract award notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/030777-2026
2nd April 2026 - Contract award notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/023227-2026
13th March 2026 - Contract award notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/004207-2026
19th January 2026 - Tender notice on Find a Tender
Open Contracting Data Standard (OCDS)
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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