Awarded contract

Retirement Consultancy Framework - Lot 1 - Call-off 1 - Whole of Life Retirement Charging Strategy

Details

Buyer: National Employment Savings Trust (NEST) Corporation
Supplier(s): Lane Clark & Peakcock LLP
Value: £95,000
Duration: 5 months
Topic: Banking and investment services
Published: 10 August 2026
Source: uk:find_a_tender

Tender description

LCP will support Nest's Whole of Life Retirement Charging Strategy by reviewing Nest's current charging approach across accumulation, Flexible Access Drawdown and Nest Guided Income Solution; assessing retirement pathway charging arrangements; building a flexible pricing model; modelling alternative charging structures; assessing member impacts, fairness, value for money, cross-subsidies, Consumer Duty considerations and commercial sustainability; benchmarking relevant retirement market propositions; and producing executive-ready outputs to support senior governance decisions. ## Contract award

Timeline

Completed: Award published10 August 2026
Current notice
Completed: Award date10 August 2026
Next: Contract expiry date31 December 2026in 2 months

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.

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