Procurement of Defined Contribution Administration and Investment Services.

Tender description

Combined Nuclear Pension Plan Trustees Limited (the "Trustee") intends to procure a bundled defined contribution pension service, comprising administration and investment services, including the provision of services for both pension accumulation and decumulation. The services will support a multi-employer pension arrangement with approximately 16,000 members and assets of approximately £1.2 billion. The contract is expected to commence on 1 April 2027. Prior to initiating any procurement, the Trustee wishes to seek feedback from potential providers on a number of topics including fee structures, required contractual terms, and service provision.