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CFT for the provision of Investment Management Providers for the Investment of the Automatic Enrolment Retirement Savings System

Awarded to Amundi Ireland Limited, BlackRock Investment Management (UK) Limited, Irish Life Investment Managers

Department of Social Protection_349(buyer)

Published
Published 12 March 2025
Deadline
Closed 9 April 2025

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Overview

The Department of Social Protection procured investment management services for the Automatic Enrolment Retirement Savings System (AERSS), including ancillary services as specified in the tender documents. The contract, estimated at 34.1 million EUR, was awarded on 20 May 2025 to three providers: Amundi Ireland Limited, BlackRock Investment Management (UK) Limited, and Irish Life Investment Managers, for a combined value of 11.4 million EUR.

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What this covers

  • CFT for the provision of Investment Management Providers for the Investment of the Automatic Enrolment Retirement Savings System

    In summary, the Services comprise of investment management services for the Automatic Enrolment Retirement Savings System (AERSS) including all ancillary services which may be required and more particularly set out in Appendix 1.

    €11,354,704Won by Irish Life Investment ManagersWon by Amundi Ireland LimitedWon by BlackRock Investment Management (UK) Limited

Key details

Country
Ireland
Status
In delivery
Category
Services
Estimated value
€34,064,111
Procedure
Open
Published
12 March 2025
Deadline
Closed
Classification (CPV)
Portfolio management servicesPension fund management services

Award outcome

Awarded value
€11,354,704
Award date
20 May 2025
Contract period
— → 18 May 2035
Winners
  • Amundi Ireland Limited
  • BlackRock Investment Management (UK) Limited
  • Irish Life Investment Managers

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract Award Notice

    26 January 2026

  2. Contract Notice

    14 March 2025

  3. Contract Notice

    12 March 2025

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