Provision of Retirement Consultancy Services

Concepts

• pension fund consultancy
• consultancy services
• retirement income products
• retirement offering
• retirement income strategy
• provision of retirement consultancy services
• principal challenges
• preferred supplier pool
• nest
• upper limit of nest

Location

London:

Description

This tender is to establish a Framework Agreement for consultancy services to support Nest to enhance its retirement offering.

Total Quantity or Scope

Since 2015, one of the principal challenges for the pensions industry in the UK has been to develop retirement income products which provide members with a life-long, sustainable income, whilst retaining the benefits of flexibility introduced by the pension freedoms. In 2015 Nest set out a blueprint for a retirement income strategy which would fulfil these objectives following the introduction of the pension freedoms. Over the next few years, nest will be working to evolve its retirement offering and will need specialist ad-hoc support. This tender is to establish a preferred supplier pool (in the form of a Framework Agreement) for consultancy services to help support Nest throughout this programme of work. Please note, the estimated value is the upper limit of Nest's anticipated range of spend that spend over the duration of the framework, which is £500,000 - 800,000. This is a framework agreement and therefore no minimum spend is guaranteed.

CPV Codes

• 66523000 - Pension fund consultancy services

Indicators

• This is a one-off contract (no recurrence)
• Renewals are not available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** Nest does not bind itself to accept any tender and is not liable for any costs incurred by those expressing an interest or tendering for this opportunity.