---
title: "Dyfed Pension Fund Independent Investment Adviser"
ocid: "ocds-h6vhtk-04efbb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04efbb"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04efbb.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04efbb.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "CARMARTHENSHIRE COUNTY COUNCIL"
published: "2026-01-28"
---

# Dyfed Pension Fund Independent Investment Adviser

Buyer: CARMARTHENSHIRE COUNTY COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-04efbb

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## Summary

Carmarthenshire County Council, a sub-central government public authority situated in Wales, has recently completed the procurement process for the role of Dyfed Pension Fund Independent Investment Adviser. The contract was awarded to Apex Investment Advisers Limited, a London-based SME, following an open procedure under UK devolved regulations. This engagement falls under the financial and insurance services category, targeting the region of Carmarthenshire (UKL14). The contract initiation began on 1st October 2025, lasting until 30th September 2028, with possibilities for a 24-month extension. The procurement process employed an open method, classified as a below-threshold open competition.

The opportunity with the Dyfed Pension Fund focuses on strategic financial advice, opening avenues for businesses specialising in financial consultancy, particularly those proficient in pension fund management. SMEs with expertise in delivering high-quality investment advisory services can leverage this contract to enhance their portfolio and market presence. The criteria for selection were strongly weighted towards quality (70%) over cost (30%), indicating an emphasis on the supplier’s capability to provide nuanced and informed guidance. This procurement represents a growth opportunity for businesses that can offer adept financial services and adjust to the nuances of governmental protocols and objectives in pension fund advisory roles.

## Notice

THIS IS NOT A TENDERING OPPORTUNITY. Carmarthenshire County Council, as the administering authority for the Dyfed Pension Fund, has renewed the contract of the Independent Investment Adviser.

### Lot Information

Lot 1

Renewal: There is an option to extend by up to 24 months

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/007497-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Below threshold - open competition |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Planning, Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Jan 2026 |
| Submission deadline | 16 May 2025 |
| Future notice date | 15 Apr 2025 |
| Award date | 30 Sep 2025 |
| Contract period | 30 Sep 2025 - 30 Sep 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £150,000 |
| Lots value | £150,000 |
| Awards value | Not specified |
| Contracts value | £150,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | CARMARTHENSHIRE COUNTY COUNCIL |
| Locality | CARMARTHEN |
| Post town | Swansea |
| Postcode | SA31 1JP |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL4 Mid and South West Wales |
| ITL 3 | TLL42 South West Wales |
| Local authority | Carmarthenshire |
| Electoral ward | Carmarthen Town North and South |
| Westminster constituency | Caerfyrddin |
| Delivery location | TLL14 South West Wales |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | APEX INVESTMENT ADVISERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 28 Jan 2026 at 11:16 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/007497-2026
- 16 Apr 2025 at 09:46 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/015454-2025
- 20 Mar 2025 at 14:19 - Planning - UK3 - Planned Procurement Notice - https://www.find-tender.service.gov.uk/Notice/010418-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/007497-2026
  28th January 2026 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/015454-2025
  16th April 2025 - Tender notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/010418-2025
  20th March 2025 - Planned procurement notice on Find a Tender

## Notice URLs

- https://www.carmarthenshire.gov.uk
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-h6vhtk-04efbb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04efbb.json.