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Awarded United Kingdom Services

Equity Overlay / Downside Risk Management

Buyer: Wirral Borough Council

Published
22 November 2023
Estimated value
£36,180,000
Place of performance
UKD74
Procedure
Restricted procedure
Lots
1
Notice number
034571-2023
Reference
ocds-h6vhtk-03928d
Official source
Official source

Description

The Local Government Pension Scheme (LGPS) is a national scheme administered on a local basis by Wirral Council as the administering authority for the Northern LGPS. The Fund is governed by the Superannuation Act 1972 and the Public Services Pensions Act 2013. The Fund is administered in accordance with the following secondary legislation: - the LGPS Regulations 2013 (as amended) - the LGPS (Transitional Provisions, Savings and Amendment) regulations 2014 (as amended) - The Occupational and Personal Pension Scheme (Administration) Regulations 2008 - the LGPS (Management and Investment of Funds) Regulations 2016 - the Public Services Pensions (Information about Benefits) Directions 2014. Northern LGPS is a partnership between the Greater Manchester (GMPF), Merseyside (MPF) and West Yorkshire (WYPF) Local Government Pension Scheme (LGPS) funds. Formerly known as 'Northern Pool', it is one of Britain’s largest public investment funds, with combined assets under management of £46bn. Northern LGPS represents about a fifth of total LGPS assets, has approximately 880,000 members and over 1,100 contributing employers. Northern LGPS’s purpose is to ensure the assets of its funds perform eff…

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Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £36,180,000.
Who is the buyer of this tender?
The contracting authority is Wirral Borough Council (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.