---
title: "Investment Management Consultancy Services"
ocid: "ocds-b5fd17-ad816f06-f061-42cb-9ebb-8d2ce57439a8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ad816f06-f061-42cb-9ebb-8d2ce57439a8"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ad816f06-f061-42cb-9ebb-8d2ce57439a8.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ad816f06-f061-42cb-9ebb-8d2ce57439a8.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "N I LOCAL GOVERNMENT OFFICER SUPERANNUATION COMMITTEE"
published: "2025-06-12"
---

# Investment Management Consultancy Services

Buyer: N I LOCAL GOVERNMENT OFFICER SUPERANNUATION COMMITTEE  
Current stage: Award  
OCID: ocds-b5fd17-ad816f06-f061-42cb-9ebb-8d2ce57439a8

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## Summary

The procurement process for "Investment Management Consultancy Services" has been successfully completed by the N I Local Government Officer Superannuation Committee (NILGOSC), headquartered in Belfast, Northern Ireland. This contract sought expert investment advisory services tailored to public sector pension schemes. The procurement was conducted using a selective method, specifically a call-off from a framework agreement under the National LGPS Framework reference NCCT42289. Key services included consultancy for setting investment objectives, asset allocation, and performance measurement. The tender period concluded on 11 November 2024, with the contract commencing on 10 April 2025 and scheduled to end on 31 March 2032. The procurement falls under the "Pension fund consultancy services" category, CPV code 66523000.

This tender presents substantial opportunities for business growth, particularly for large firms possessing the requisite authorisation and expertise in investment advisory services within the UK. Companies specialising in providing strategic advice, asset management, and those accustomed to engaging with public sector entities will find this opportunity especially suitable. The appointed supplier, Isio Group Limited, can leverage its expertise to foster long-term relationships with NILGOSC through continued advisory roles and performance monitoring over the contract's seven-year period. This contract also underscores the importance of adherence to professional standards and familiarity with government legislation, appealing to businesses with strong regulatory and compliance backgrounds.

## Notice

NILGOSC wishes to appoint an Investment Advisor who will be the principal source of expert advice to the Officers and the Management Committee (the Committee). The Supplier must be authorised to provide investment advisory services within the United Kingdom and demonstrate that it provides such services in accordance with the relevant professional standards. The Supplier must be able to provide advice in respect of the following areas in line with NILGOSC's status as a public sector pension scheme and non-departmental public body: * Setting appropriate investment objectives and an investment strategy to deliver the objectives * Asset Allocation * Statement of Investment Principles * Investment Manager Research and Selection * Investment Manager Monitoring * Performance Measurement and Evaluation * Global Custody * Responsible Investment * Additional Voluntary Contribution Investments The Supplier will possess an up-to-date knowledge and understanding of all relevant government legislation, codes of practice, guidance issued by United Kingdom and Northern Ireland Government Departments and professional bodies and issues both nationally and locally. The Supplier will be expected to appoint a nominated Lead Investment Advisor (the Advisor) who will have lead responsibility for delivering the requirements of the investment advisory service. The Advisor will liaise with and provide advice and information to NILGOSC's executive Officers (the Officers) and will report at Management Committee meetings. The Advisor, supported by an experienced team with investment advisory expertise, will be required to provide information and guidance on issues that impact on the Fund. The Advisor will also be required to draw to NILGOSC's attention any relevant issues, and to identify developments and changes required, to ensure that NILGOSC is kept informed of, and is compliant with best practice. The Advisor will also be required to advise on NILGOSC's Statement of Investment Principles (SIP) and to assist with implementation of changes to the asset allocation, if required. The Advisor will be required to prepare for and attend quarterly Committee meetings or more often as required. The Advisor will also be required to prepare for and attend a triennial strategic review with the Committee and Officers to review the investment strategy and asset allocation for the Fund, or other relevant issues as required. Proposals are invited for the supply of Investment Consultancy Services (Lot 1); Manager/Fund Search, Selection, Monitoring and Review Services (Lot 2); and Investment Management Consultancy Related Specialist Services (Lot3) under the National LGPS Framework reference NCCT42289. This contract will be awarded under the terms and conditions of the Framework and variations to the Call-Off Terms and Conditions attached will be considered and accepted or rejected, at the discretion of NILGOSC. NILGOSC wishes to appoint a single provider.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/340db1cd-9671-473a-8057-807e905f6f0e |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Jun 2025 |
| Submission deadline | 11 Nov 2024 |
| Future notice date | Not specified |
| Award date | 9 Apr 2025 |
| Contract period | 9 Apr 2025 - 31 Mar 2032 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | N I LOCAL GOVERNMENT OFFICER SUPERANNUATION COMMITTEE |
| Locality | BELFAST |
| Post town | Northern Ireland |
| Postcode | BT4 2LP |
| Country | Northern Ireland |
| ITL 1 | TLN Northern Ireland |
| ITL 2 | TLN0 Northern Ireland |
| ITL 3 | TLN06 Belfast |
| Local authority | Belfast |
| Electoral ward | Belmont |
| Westminster constituency | Belfast East |
| Delivery location | TLN Northern Ireland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ISIO GROUP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66523000 - Pension fund consultancy services

## Release History

- 12 Jun 2025 at 13:10 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/340db1cd-9671-473a-8057-807e905f6f0e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/340db1cd-9671-473a-8057-807e905f6f0e
  12th June 2025 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-ad816f06-f061-42cb-9ebb-8d2ce57439a8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ad816f06-f061-42cb-9ebb-8d2ce57439a8.json.