---
title: "Retirement Consultancy Framework - Lot 1 - Call-off 1 - Whole of Life Retirement Charging Strategy"
ocid: "ocds-h6vhtk-06e0ac"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06e0ac"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-06e0ac.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-06e0ac.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "National Employment Savings Trust (NEST) Corporation"
published: "2026-08-10"
---

# Retirement Consultancy Framework - Lot 1 - Call-off 1 - Whole of Life Retirement Charging Strategy

Buyer: National Employment Savings Trust (NEST) Corporation  
Current stage: Award  
OCID: ocds-h6vhtk-06e0ac

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## Summary

National Employment Savings Trust (NEST) Corporation commissioned retirement consultancy services from Lane Clark & Peacock LLP. The work supports NEST’s Whole of Life Retirement Charging Strategy across accumulation, Flexible Access Drawdown and the NEST Guided Income Solution. It covers review of the current charging approach, retirement pathway charging arrangements, flexible pricing and alternative charging structures. The consultancy also examines member impacts, fairness, value for money, cross-subsidies, Consumer Duty considerations and commercial sustainability, with benchmarking of relevant retirement market propositions. The supplier is to produce executive-ready outputs to support senior governance decisions. The services are delivered for NEST in the United Kingdom and fall within pension fund consultancy and banking and investment services.

The procurement has been completed and awarded through a competitive call-off from the Retirement Consultancy Framework, using a selective procedure below the applicable threshold. The award was made to Lane Clark & Peacock LLP on 10 August 2026 for the single Whole of Life Retirement Charging Strategy lot. The active contract was signed on 10 August 2026 and runs from 10 August 2026 to 31 December 2026. Its value is £95,000 including applicable taxes. The requirement was competed under the framework rather than as an open standalone tender. The published outcome identifies one selected supplier and an active contract; it does not set out a separate award-scoring breakdown.

This procurement demonstrates demand from a public-sector pension provider for specialist retirement charging and pension consultancy. A credible competitor for similar work would need strong expertise in pension accumulation and decumulation products, including flexible access drawdown and guided income solutions. Relevant capability includes designing and modelling pricing structures, analysing member outcomes and fairness, assessing value for money and cross-subsidies, and applying Consumer Duty considerations. Suppliers should also be able to assess commercial sustainability, benchmark retirement market propositions and turn complex analysis into clear recommendations for senior governance. Experience working with regulated pension or financial services organisations, supported by robust quantitative modelling and market knowledge, would be important. The requirement suits established specialist consultancies able to combine strategy, economics, customer impact and executive communication.

## Notice

LCP will support Nest's Whole of Life Retirement Charging Strategy by reviewing Nest's current charging approach across accumulation, Flexible Access Drawdown and Nest Guided Income Solution; assessing retirement pathway charging arrangements; building a flexible pricing model; modelling alternative charging structures; assessing member impacts, fairness, value for money, cross-subsidies, Consumer Duty considerations and commercial sustainability; benchmarking relevant retirement market propositions; and producing executive-ready outputs to support senior governance decisions.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/075957-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Below threshold - award under framework |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Aug 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 10 Aug 2026 |
| Contract period | 10 Aug 2026 - 31 Dec 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £95,000 |

## 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 |
| Locality | LONDON |
| Postcode area | 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | LANE CLARK & PEACOCK LLP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services
- 66523000 - Pension fund consultancy services

## Release History

- 10 Aug 2026 at 19:11 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/075957-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/075957-2026
  10th August 2026 - Contract details notice on Find a Tender

## Notice URLs

- https://www.find-tender.service.gov.uk/api/1.0/ocdsReleasePackages/ocds-h6vhtk-06085f
- https://www.lcp.com/en
- 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-06e0ac. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-06e0ac.json.