--- title: "Nest Invest consultancy services" ocid: "ocds-h6vhtk-052854" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-052854" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-052854.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-052854.json" source: "Find A Tender Service" current_stage: "Award" buyer: "NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION" published: "2026-01-09" --- # Nest Invest consultancy services Buyer: NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION Current stage: Award OCID: ocds-h6vhtk-052854 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-052854) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-052854.json) ## Summary The National Employment Savings Trust (NEST) Corporation, a central government public authority based in London, has completed a public procurement process titled "Nest Invest consultancy services." This tender, conducted under an open procedure, aimed to procure specialist investment consultancy services for large Financial Conduct Authority (FCA) regulated occupational pension schemes with assets exceeding £25 billion. The procurement stage is currently at the 'Award' phase, and Towers Watson Limited has been awarded the contract. The awarded contract, starting on 31st December 2025 and concluding on 30th December 2029, is valued at £12 million, with £10 million allocated as the net amount. Located in the UK, this contract involves the provision of financial consultancy services. This tender offers a significant opportunity for businesses specialising in the financial consultancy sector, particularly those adept at working with large pension schemes and familiar with FCA regulations. Companies with expertise in strategic investment consultancy services and a robust track record of managing substantial funds will find this framework advantageous for growth. The closed framework agreement method also facilitates call-off contracts based on competitive bid rates, offering a steady stream of business over a multi-year period. Successful bidders are positioned well to expand their client base and cement their reputation in the financial services industry through association with a prestigious client such as NEST Corporation. ## Notice Specialist investment consultancy services to large Financial Conduct Authority (FCA) regulated occupational pension schemes (OPS) with assets under management of PS25 billion and above specific to the following areas: ### Lot Information LOT 1 Strategic investment business, organisational strategy and governance advice Strategic investment business, organisational strategy and governance advice with extensive proven experience of international investment best practice with large Financial Conduct Authority (FCA) regulated Occupational Pension Schemes (OPS) with assets under management of PS25 billion and above Options: no options LOT 2 Target Operating Model design and delivery including the transition and implementation of operating models for fund administration and custody service including additional SME operational support as needed Target Operating Model design and delivery including the transition and implementation of operating models for fund administration and custody service including additional SME operational support as needed to large Financial Conduct Authority (FCA) regulated Occupational Pension Schemes (OPS) (or similar) with assets under management of PS25 billion and above. 35 Options: no options Specialist investment consultancy services to large Financial Conduct Authority (FCA) regulated occupational pension schemes (OPS Specialist investment consultancy services to large Financial Conduct Authority (FCA) regulated occupational pension schemes (OPS) with assets under management of PS25 billion and above Options: no options ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/002036-2026 | | Notice type | UK7 - Contract Details Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | Large, SME | | All stages | Planning, Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 9 Jan 2026 | | Submission deadline | 28 Jul 2025 | | Future notice date | 26 Jun 2025 | | Award date | 17 Aug 2025 | | Contract period | 31 Dec 2025 - 30 Dec 2029 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £10,000,000 | | Lots value | £10,000,000 | | Awards value | £11,000,000 | | Contracts value | £11,000,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Active | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION | | Additional buyers | 1 | | Locality | LONDON | | Post town | East London | | Postcode | E14 4PU | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI42 Tower Hamlets | | Local authority | Tower Hamlets | | Electoral ward | Canary Wharf | | Westminster constituency | Poplar and Limehouse | | Delivery location | TLI London | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 3 | | Supplier names | ALPHA FINANCIAL MARKETS CONSULTING; AVIDA INTERNATIONAL ORGANISATIONAL PERFORMANCE & GOVERNANCE; TOWERS WATSON | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66171000 - Financial consultancy services - 79412000 - Financial management consultancy services ## Release History - 9 Jan 2026 at 16:34 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/002036-2026 - 15 Dec 2025 at 05:49 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/082717-2025 - 21 Nov 2025 at 13:04 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/076026-2025 - 29 Aug 2025 at 14:55 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/052565-2025 - 2 Jul 2025 at 06:46 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/036588-2025 - 28 May 2025 at 15:47 - Planning - UK1 - Pipeline Notice - https://www.find-tender.service.gov.uk/Notice/028255-2025 ## Documents - https://www.find-tender.service.gov.uk/Notice/002036-2026 9th January 2026 - Contract details notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/082717-2025 15th December 2025 - Contract details notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/076026-2025 21st November 2025 - Contract details notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/052565-2025 29th August 2025 - Contract award notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/036588-2025 2nd July 2025 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/028255-2025 28th May 2025 - Pipeline notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/Attachment/A-8196 - https://www.find-tender.service.gov.uk/Notice/Attachment/A-9147 - https://www.find-tender.service.gov.uk/Notice/Attachment/A-10109 ## Notice URLs - http://www.alphafmc.com - http://www.avida-int.com - http://www.bfinance.com - https://nesttenders.bravosolution.co.uk - https://redington.co.uk/ - https://www.legislation.gov.uk/ukpga/2023/54/contents - https://www.mercer.com/ - https://www.wtwco.com/en-gb/solutions/investments ## 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-052854. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-052854.json.