---
title: "2025/26 Pension Fund - Investment Advice (Recharge to Scheme)"
ocid: "ocds-h6vhtk-0543a7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0543a7"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0543a7.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0543a7.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NUCLEAR RESTORATION SERVICES LIMITED"
published: "2025-06-23"
---

# 2025/26 Pension Fund - Investment Advice (Recharge to Scheme)

Buyer: NUCLEAR RESTORATION SERVICES LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-0543a7

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## Summary

The procurement process led by Nuclear Restoration Services Limited involves the direct award of a contract for investment advice concerning the 2025/26 Pension Fund. The award, officially signed on 20th June 2025, appoints AON Investments as the investment adviser. This tender is in the services category, specifically involving pension investment services, according to CPV classification 66131100. Located in Warrington, UK, the buying organisation is a public authority operating within sub-central government. The procurement adhered to legal requirements, utilising a direct award method, marking the process as complete, with contract activities spanning from 23rd June 2025 to 31st March 2026.

This tender presents significant opportunities for businesses that specialise in financial services, especially those with expertise in pension fund management and investment advisory roles. Large-scale enterprises like AON, known for their robust capacity in handling substantial investments for pension schemes, are well-suited for this type of procurement. The direct award procurement method underscores a pre-existing trusting relationship, highlighting potential for long-term collaborations for firms with established credibility in financial regulatory compliance and advice within the public sector domain.

## Notice

The Trustee has appointed AON as the investment adviser for the pension scheme, in line with legal requirements for trustees to use regulated professionals. Investment advice costs are recharged to the pension fund, not paid directly by the employer, although the employer ultimately funds the scheme.

### Procurement Information

The Trustee has appointed Aon as the investment adviser, in compliance with legal requirements for pension schemes to engage a regulated professional. Under the ESPS rules, investment-related costs are the only fees that can be charged directly to the pension fund rather than the employer. Although the employer ultimately funds the scheme, these fees are recharged to the fund.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/034506-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Jun 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 3 Jun 2025 |
| Contract period | 22 Jun 2025 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £1,277,931 |
| Contracts value | £1,277,931 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NUCLEAR RESTORATION SERVICES LIMITED |
| Locality | WARRINGTON |
| Post town | Warrington |
| Postcode | WA3 6GR |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD6 Cheshire |
| ITL 3 | TLD61 Warrington |
| Local authority | Warrington |
| Electoral ward | Birchwood |
| Westminster constituency | Warrington North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AON INVESTMENTS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66131100 - Pension investment services

## Release History

- 23 Jun 2025 at 15:44 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/034506-2025
- 5 Jun 2025 at 14:00 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/030307-2025
- 5 Jun 2025 at 13:04 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/030263-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/034506-2025
  23rd June 2025 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/030307-2025
  5th June 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/030263-2025
  5th June 2025 - Transparency notice on Find a Tender

## Notice URLs

- https://www.gov.uk/government/organisations/nuclear-restoration-services
- 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-0543a7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0543a7.json.