retirement consultancy services
- National Employment Savings Trust (NEST) Corporation
Procurement identifier (OCID): ocds-h6vhtk-078044
Description
The Supplier will provide the services outlined below:
• Review of key judgement decisions made by Rothesay in their approach to setting longevity assumptions for pricing, including:
o Weight applied to Nest mortality experience data when setting pricing basis.
o Approach to mortality experience adjustments across ages.
o Approach to treating untraced members in mortality experience data when performing analysis.
• Review of LexisNexis tracing results and consideration of alternative approaches to treating untraced members.
• Review of mortality experience data and consideration of alternative approaches to applying mortality experience adjustments.
• Analysis of Rothesay's approach of using Mosaic and advice on the suitability of Mosaic to rank and categorise members into different affluence groups.
• Analysis of Rothesay's pricing compared to pricing observed in the wider bulk annuity market.
• Providing an independent view on the value for money of Rothesay's pricing terms, as applied to the unique LLPI solution.
• Assisting in work undertaken to improve Nest data quality.
Award under framework
TEN-2526-037 (PA2023) Retirement Consultancy Framework - Lot No 2, Call-Off No 1
National Employment Savings Trust (NEST) Corporation
Procurement identifier (OCID): ocds-h6vhtk-06085f
Notices
UK7: Contract details notice
- Notice identifier
- 2026/S 000-093597
- Published
- 5 October 2026, 8:49am