In deliveryUnited KingdomServices
TEN-2425-042 Co-Design and Provision of a Bulk Deferred Annuity
- Published
- Published 25 April 2025
Overview
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.
Key details
- Country
- United Kingdom
- Status
- In delivery
- Category
- Services
- Procedure
- Open
- Published
- 25 April 2025
- Questions by
- 9 May 2025
Pension investment services
Award outcome
- Awarded value
- £0
- Award date
- 25 November 2025
- Contract period
- 29 January 2026 → 28 January 2036
- ROTHESAY LIFE PLC
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Notice history
Every published notice in this contracting process, newest first.
Contract
2 February 2026
View notice ↗Contract
16 January 2026
View notice ↗Contract Notice
25 April 2025
View notice ↗Prior Information Notice
25 April 2025
View notice ↗
Contracting authority
National Employment Savings Trust (NEST) Corporation
BuyerLondon, United Kingdom
GB-PPON: PQGC-5667-VDDT
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