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

Awarded to ROTHESAY LIFE PLC

National Employment Savings Trust (NEST) Corporation(buyer)

Published
Published 25 April 2025
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Overview

NEST Corporation awarded a contract to Rothesay Life PLC on 25 November 2025 to co-design and provide a bulk deferred annuity service. The procurement was conducted as a full competitive flexible procedure, with the successful supplier also appointed as the exclusive provider following the co-design period. The service is now in delivery or complete.

Contracting authority

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Procedure
Open
Published
25 April 2025
Questions by
9 May 2025
Classification (CPV)
Pension investment services

Award outcome

Awarded value
£0
Award date
25 November 2025
Contract period
29 January 2026 → 28 January 2036
Winner
  • ROTHESAY LIFE PLC

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Notice history

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  1. Contract

    2 February 2026

  2. Contract

    16 January 2026

  3. Contract Notice

    25 April 2025

  4. Prior Information Notice

    25 April 2025

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