TEN-2526-037 (PA2023) Retirement Consultancy Framework - LOT NO 3 CALL OFF NUMBER 1 (Willis Towers Watson)
Buyer: 1
- Published
- 20 July 2026
- Estimated value
- £450,000
- Place of performance
- UK
- Procedure
- Restricted procedure
- Lots
- 1
- Notice number
- 068381-2026
- Reference
- ocds-h6vhtk-06cf23
- Official source
- Official source
CPV codes
- 66171000Financial consultancy services
Description
This Contract Award Notice was published previously, however, did not have the unique OCID number attached to it due to administrative errors. This is a republishing of the Award Notice using today's date. The Supplier will organise workshops, in 'sprint'-style format, to support Nest Invest to form views on design aspects or operational approaches for its retirement income blueprint, which include but are not limited to the following: 1. Assessment of choice of CMA model, and support making any changes 2. Income calibration sessions (setting initial income, high-level investment strategy, adjusting the income framework) 3. Approach for early retirees (reducing volatility though income framework) 4. Choice of comparator annuities 5. Detailed decisions on co-horting (age-related simplifications and allowing for significant market movements, also related work on cross subsidies) 6. Detailed investment strategy considerations 7. Price-lock considerations with the insurer 8. Governance of cohorts The supplier will also prepare pre-reading materials and papers documenting the outcomes of workshops, for subjects relating to the retirement income blueprint, including the subjects …
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Willis Towers Watson | £450,000 | 23 April 2026 |
Official publications
- FTS · 068381-2026 · 20 July 2026
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