---
title: "Professional Corporate Sole Trustee (PCST) services for Aston University Pension Scheme (AUPS)"
ocid: "ocds-h6vhtk-054ed2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-054ed2"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-054ed2.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-054ed2.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "ASTON UNIVERSITY"
published: "2025-07-31"
---

# Professional Corporate Sole Trustee (PCST) services for Aston University Pension Scheme (AUPS)

Buyer: ASTON UNIVERSITY  
Current stage: Award  
OCID: ocds-h6vhtk-054ed2

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## Summary

Aston University has completed a procurement process to secure Professional Corporate Sole Trustee (PCST) services for its Pension Scheme. The contracting process was initiated by tender, with the award finalised on 31 July 2025, aligning with its legal basis (UKPGA 2023/54). The direct award method was chosen, deemed most efficient for managing the Defined Benefit pension scheme, ensuring integrity and compliance with evolving TPR requirements. Located in Birmingham, Aston University operates as a public authority within sub-central government. The main procurement category is services, specifically focused on pension fund management. The contract, valued at £2,630,610, commenced on 1 July 2025 and extends to 30 May 2028, with a renewal option up to 30 May 2031.

This procurement presents significant growth opportunities for businesses specialising in pension fund management and related services such as actuarial, governance, investment management, legal consultancies, and audit. With the adoption of the Professional Corporate Sole Trustee model being relatively new in the market, it's an appealing opportunity for firms with innovation and risk-minimising capabilities. The tender offers long-term engagement potential for SMEs like Ross Trustees Services Limited, who have been awarded this contract due to their capability in delivering focused management and advisory services. Companies with expertise in this niche can leverage similar contracts to expand their reach within public sector pension schemes.

## Notice

Professional Corporate Sole Trustee (PCST) services for the Aston University Pension Scheme (closed to future accrual). This will include Trustee services, pension administration, member communications, actuarial services, audit, governance, legal, covenant, investment management and monitoring advice. Adopting a Professional Corporate Sole Trustee (PCST) model to administer the Aston University Pension Scheme has been determined to be the most efficient way to manage the legacy Defined Benefit pension scheme going forward while ensuring the integrity of the scheme, including funding position, ongoing administration and compliance with evolving TPR requirements is maintained. This is a relatively new approach in the market but it has been determined that minimising disruption and limiting risk during the current triennial valuation is the optimal outcome and that this was the only option whereby continuity of the current actuarial, investment and professional trustee services could be maintained while achieving efficiencies.

### Procurement Information

Adopting a Professional Corporate Sole Trustee (PCST) model to administer the Aston University Pension Scheme has been determined to be the most efficient way to manage the legacy Defined Benefit pension scheme going forward while ensuring the integrity of the scheme, including funding position, ongoing administration and compliance with evolving TPR requirements is maintained. This is a relatively new approach in the market but it has been determined that minimising disruption and limiting risk during the current triennial valuation is the optimal outcome and that this was the only option whereby continuity of the current actuarial, investment and professional trustee services could be maintained while achieving efficiencies.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/044734-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Direct award |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Jul 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 17 Jun 2025 |
| Contract period | 30 Jun 2025 - 30 May 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £2,630,610 |
| Contracts value | £2,630,610 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | ASTON UNIVERSITY |
| Locality | BIRMINGHAM |
| Post town | Birmingham |
| Postcode | B4 7ET |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG31 Birmingham |
| Local authority | Birmingham |
| Electoral ward | Nechells |
| Westminster constituency | Birmingham Ladywood |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ROSS TRUSTEES SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66141000 - Pension fund management services

## Release History

- 31 Jul 2025 at 12:08 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/044734-2025
- 18 Jun 2025 at 10:11 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/033196-2025
- 18 Jun 2025 at 09:29 - Award - UK5 - Transparency Notice - https://www.find-tender.service.gov.uk/Notice/033178-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/044734-2025
  31st July 2025 - Contract details notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/033196-2025
  18th June 2025 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/033178-2025
  18th June 2025 - Transparency notice on Find a Tender

## Notice URLs

- https://weareigg.com
- 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-054ed2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-054ed2.json.