Retirement consultancy Framework
Buyer: 1
- Published
- 8 October 2026
- Estimated value
- £275,000
- Place of performance
- UKI
- Procedure
- Restricted procedure
- Lots
- 1
- Notice number
- 095103-2026
- Reference
- ocds-h6vhtk-078386
- Official source
- Official source
CPV codes
- 66171000Financial consultancy services
Description
The Supplier will provide the services outlined below: Critical path items for FY2026/27 (ending 31 March) • Drawn from Co-design phase 2 project plan: o Review of relevant provisions of draft Umbrella Terms with insurer (first pass) o Complete design of annual process for determining income payable from 67-84 o Exits and entrants o Premium payment and price-lock (liaising with Hymans, Rothesay and nest to confirm appropriateness of proposal) o Cohort annuity purchase process • Supporting the TCS build: o NGRF closure and initial cohort set-up o Income initiation pricing process o Wider WTW support on engagement with TCS (e.g. alternatives to the dummy member approach for setting mid-year cohort pricing) o Umbrella terms (second pass) • Modelling support o Regular calls with Will on latest modelling, including methodology discussions and point estimate reviews
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Willis Towers Watson | £275,000 | 30 September 2026 |
Official publications
- FTS · 095103-2026 · 8 October 2026
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