--- title: "Pension actuarial / investment advice" ocid: "ocds-r6ebe6-0000799546" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000799546" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000799546.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000799546.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "VISITSCOTLAND" published: "2025-12-23" --- # Pension actuarial / investment advice Buyer: VISITSCOTLAND Current stage: Award OCID: ocds-r6ebe6-0000799546 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000799546) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000799546.json) ## Summary VisitScotland, headquartered at Waverley Court in Edinburgh, is currently in the tendering stage of a public procurement process seeking to secure pension actuarial and investment advice services. This tender, identified as VSEH25013, falls under the tourism industry category and encompasses the delivery of services across the UK (UKM region). Using an open procurement method, potential suppliers can submit bids electronically until the closing date on 6th June 2025. The procurement process is valued at £75,000 and aims to ensure the optimal operation of VisitScotland’s defined benefit pension schemes. This contract presents an excellent opportunity for firms specialising in actuarial and investment advisory services, particularly those experienced with defined benefit pension schemes. Businesses capable of delivering cost-effective and efficient pension management strategies would be well-suited to this tender. Additionally, companies that can demonstrate innovative approaches to pension fund optimisation may find a competitive advantage. With a contract period of 1080 days and potential for renewal based on service demand, this procurement offers promising prospects for long-term business growth and ongoing partnership with VisitScotland. ## Notice VisitScotland is seeking appropriate actuarial/investment advice in relation to the operation and participation in both defined benefit pension schemes. ### Lot Information Lot 1 VisitScotland is seeking to appoint a suitably qualified agency for the provision of pension actuarial / investment advice in relation to the provision of two defined benefit staff pension schemes to which VisitScotland participate in to ensure VisitScotland, as the employer, receives best value for money and operates these schemes in the most cost efficient way. Renewal: Renewal subject to ongoing demand of services ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC546266 | | Notice type | PCS Notice - Website Contract Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Dec 2025 | | Submission deadline | 6 Jun 2025 | | Future notice date | Not specified | | Award date | 9 Sep 2025 | | Contract period | Not specified | | Recurrence | Subject to ongoing demand for the services | ## Values | Field | Value | | --- | --- | | Tender value | £75,000 | | Lots value | £75,000 | | Awards value | Not specified | | Contracts value | £225,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | VISITSCOTLAND | | Locality | EDINBURGH | | Post town | Edinburgh | | Postcode | EH8 8BG | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM1 East Central Scotland | | ITL 3 | TLM13 City of Edinburgh | | Local authority | City of Edinburgh | | Electoral ward | City Centre | | Westminster constituency | Edinburgh East and Musselburgh | | Delivery location | TLM Scotland | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | XPS PENSIONS GROUP | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66520000 - Pension services - 66523000 - Pension fund consultancy services ## Release History - 23 Dec 2025 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC546266 - 22 May 2025 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY530896 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY530896&idx=6 4th June 2025 - List of questions received, with answers from VisitScotland added - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY530896&idx=5 29th May 2025 - List of questions received to date, with VisitScotland answers added - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY530896&idx=1 22nd May 2025 - Invitation to Tender document - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY530896&idx=2 22nd May 2025 - Statement of requirements - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY530896&idx=3 22nd May 2025 - Pricing schedule - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY530896&idx=4 22nd May 2025 - Form of contract - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY530896 Pension actuarial / investment advice - VisitScotland is seeking appropriate actuarial/investment advice in relation to the operation and participation in both defined benefit pension schemes. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC546266 Pension actuarial / investment advice - VisitScotland is seeking appropriate actuarial/investment advice in relation to the operation and participation in both defined benefit pension schemes. ## Notice URLs - http:// - http://www.visitscotland.org - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000799546 - https://www.publiccontractsscotland.gov.uk ## 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-r6ebe6-0000799546. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000799546.json.