Expired contract

TEN-2122-022 Compliance Services

Details

Supplier(s)
ACA Compliance (Europe) Limited
Value
£142,110
Duration
3 years
Topic
Financial consultancy, financial transaction processing and clearing-house services
Published
6 April 2022

Tender description

This contract covers the provision of compliance services to Nest Corporation's FCA-regulated subsidiary, Nest Invest Ltd. The supplier who has been appointed will support Nest Invest to ensure that the organisation is: - discharging all its regulatory obligations to the FCA in a systematic and compliant manner - effectively managing its day-to-day relationship with the FCA and preserving our good reputation with the organisation - delivering good-quality training to its staff, as and when required - supporting the development and delivery of running and operating a thorough and comprehensive compliance monitoring plan - maintaining a suite of compliance procedures and documentation that is accurate and up-to-date - advised on current and future regulatory requirements including permissions, fees, and other aspects of the FCA requirements.

Timeline

  1. Completed: Award date3 March 2022
  2. Completed: Award published6 April 2022
    Current notice
  3. Completed: Contract expiry date24 May 2025

About the buyer

National Employment Savings Trust (NEST) Corporation is a non-departmental public body accountable to the Department for Work and Pensions, and runs the UK's largest workplace pension scheme by membership as trustee. NEST was established in July 2010. The procurement team manages contracting activity and can be contacted directly by suppliers.

Over the past 5 years, most of NEST's contract awards have been in financial and insurance services, business services and IT services.

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