TEN-2324-041 Retirement Solution Services
Reference ocds-b5fd17-40fbe27c-7393-43d2-83b6-d05a5649384a · National Employment Savings Trust (NEST)
Awarded to Ignition House for £99,000.
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Amounts and figures
Description
Research project is being commissioned to provide insight into three broad areas: The introduction of flexible access drawdown. This might be described as the 'do it myself' option, where individuals want complete control. It would sit alongside the current self-managed options outlined on our website - taking all their pot in one lump sum, with the first 25% paid tax free, and taking ad hoc or regular withdrawals from their pot with 25% of every withdrawal being paid tax free (what is known technically as an uncrystallised fund lump sum withdrawal). The evolution of our lifelong income solution (building on the current Nest Guided Retirement fund and introducing a deferred annuity element). In contrast to flexible access drawdown this might be described as the 'do for me' option, where Nest takes the responsibility to delivering a sustainable lifelong income and the on-going decisions an individual must make are minimal. The supporting communication, tools and guidance that aids member decision making.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Ignition House | £99,000 | 24 April 2024 |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | bed56229-5d82-40a1-8dc2-6a6ee0f5e030-751806 | 16 May 2024 |
| Contracts Finder | bed56229-5d82-40a1-8dc2-6a6ee0f5e030-751806 | 16 May 2024 |
Other tenders from National Employment Savings Trust (NEST)
See the buyer →- TEN-2324-021 Domain Services Published: 27 March 2024
- TEN-2324-023 Voice of the Customer Published: 19 March 2024
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Frequently asked questions
- What is the deadline to bid for this tender?
- The submission deadline is 12 April 2024, 17:00. Check the official source, as dates can be modified.
- What is the estimated value of this tender?
- The estimated value published by the buyer is £99,000.
- Who is the buyer of this tender?
- The contracting authority is National Employment Savings Trust (NEST) (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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