Awarded contract

Nest Invest consultancy services

Details

Supplier(s)
AVIDA INTERNATIONAL ORGANISATIONAL PERFORMANCE & GOVERNANCE LIMITED, Alpha Financial Markets Consulting UK Limited, WILLIS LIMITED
Value
£21,000,000
Duration
4 years
Topic
Financial consultancy services
Published
29 August 2025

Tender description

Specialist investment consultancy services to large Financial Conduct Authority (FCA) regulated occupational pension schemes (OPS) with assets under management of £25 billion and above specific to the following areas: ## Contract award Title: 1 Strategic investment business, organisational strategy and governance advice Lots: - Lot 1: LOT 1 Strategic investment business, organisational strategy and governance advice ## Contract award Lots: - Lot 2: LOT 2 Target Operating Model design and delivery including the transition and implementation of operating models for fund administration and custody service including additional SME operational support as needed ## Contract award Lots: - Lot 3: Specialist investment consultancy services to large Financial Conduct Authority (FCA) regulated occupational pension schemes (OPS

Timeline

  1. Completed: Award date18 August 2025
  2. Completed: Award published29 August 2025
    Current notice
  3. Next: Contract expiry date10 September 2029in 3 years

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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Decision makers

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