Awarded contract

TEN-2425-042 Co-Design and Provision of a Bulk Deferred Annuity

Details

Buyer: National Employment Savings Trust (NEST) Corporation
Supplier(s): ROTHESAY LIFE PLC
Duration: 12 years
Topic: Pension investment services
Published: 16 January 2026
Source: uk:find_a_tender

Tender description

Nest was seeking an insurer to partner with to develop a bulk deferred annuity. We anticipate that the supplier appointed to partner with Nest for the co-design period would also be appointed to be the provider of the bulk annuity to Nest for an exclusive period. Due to the complexity of the service and contract, the procurement was run as a full over threshold competitive flexible procedure with various stages. ## Contract award Title: TEN-2425-042 Co-Design and Provision of a Bulk Deferred Annuity

Timeline

Completed: Award date25 November 2025
Completed: Award published16 January 2026
Current notice
Next: Contract expiry date27 January 2038

About the buyer

National Employment Savings Trust (NEST) Corporation is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

66131100 · Pension investment services

Decision makers

Connect with the people behind this procurement.

Job title	Phone number	Work email
Head of Procurement	+44 •••• ••••••	••••••••@national-employment-savings-trust-nest-corporation.gov
Commercial Director	+44 •••• ••••••	••••••••@national-employment-savings-trust-nest-corporation.gov
Procurement Manager	+44 •••• ••••••	••••••••@national-employment-savings-trust-nest-corporation.gov
Category Lead	+44 •••• ••••••	••••••••@national-employment-savings-trust-nest-corporation.gov
Senior Buyer	+44 •••• ••••••	••••••••@national-employment-savings-trust-nest-corporation.gov
Contracts Manager	+44 •••• ••••••	••••••••@national-employment-savings-trust-nest-corporation.gov