---
title: "2025/26 Pension Fund - Actuarial Services"
ocid: "ocds-h6vhtk-0543b7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0543b7"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0543b7.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0543b7.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NUCLEAR RESTORATION SERVICES LIMITED"
published: "2025-06-24"
---

# 2025/26 Pension Fund - Actuarial Services

Buyer: NUCLEAR RESTORATION SERVICES LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-0543b7

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0543b7)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0543b7.json)

## Summary

Nuclear Restoration Services Limited, a public authority operating in the sub-central government sector, is undertaking an award stage for a tender titled "2025/26 Pension Fund - Actuarial Services." The contract, valued at approximately £1.1 million, will cover professional actuarial services required by the Magnox Group of Electricity Supply Pension Scheme. The service is located in Warrington, UK, under industry category services. AON Solutions UK Limited has been awarded the contract, effective from 24th June 2025 until 31st March 2026, following a direct procurement method due to mandatory legislative requirements for formal actuary appointment under the Pension Act 1995.

This tender presents substantial opportunities for growth within the pension services industry, particularly for large firms like AON Solutions UK Limited, due to the legislative requirements for actuarial services appointment. Companies specialising in financial consultancy and actuarial services are well-suited to compete for similar contracts, offering a chance to broaden their portfolio in public sector advisory roles. SMEs interested in the pension and actuarial landscape may also find opportunities in supporting roles or subcontracting within similar frameworks, given the government's emphasis on formal appointments in the sector.

## Notice

The trustee of the Magnox Group of ESPS is obliged under pension legislation (originally Pensions Act 1995) to appoint a scheme actuary. Damien Kelson, who is employed by Aon, is the scheme actuary. This is the cost of provision of mandatory professional actuarial services to the trustee. This appointment will continue to be reviewed by the trustee periodically.

### Procurement Information

The Trustee are required to formally appoint an Actuary under pension legislation and can only rely on advice from an Actuary - AON were chosen by the Trustee. The trustee of the Magnox Group of ESPS is obliged under pensions legislation (originally Pensions Act 1995) to appoint a scheme actuary. An individual who is employed by Aon, is the scheme actuary. This is the cost of provision of mandatory professional actuarial services to the trustee. This appointment will continue to be reviewed by the trustee periodically. NRS has no influence over the appointment of service providers or the determination of these costs.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/034553-2025 |
| 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 | 24 Jun 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 3 Jun 2025 |
| Contract period | 23 Jun 2025 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £1,101,750 |
| Contracts value | £1,101,750 |

## 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 SOLUTIONS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66519600 - Actuarial services
- 66520000 - Pension services

## Release History

- 24 Jun 2025 at 07:41 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/034553-2025
- 5 Jun 2025 at 13:56 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/030306-2025
- 5 Jun 2025 at 13:28 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/030284-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/034553-2025
  24th June 2025 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/030306-2025
  5th June 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/030284-2025
  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-0543b7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0543b7.json.