Lot 3, Call-Off 1
- National Employment Savings Trust (NEST) Corporation
Procurement identifier (OCID): ocds-h6vhtk-06cf23
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 above.
The supplier will also carry out related relevant actions to support
the design of the income distribution approach and associated
modelling.
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 000-075955
- Published
- 10 August 2026, 6:53pm
UK6: Contract award notice
- Notice identifier
- 2026/S 000-068381
- Published
- 20 July 2026, 3:54pm