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

Official notice

Authority: NATIONAL EMPLOYMENT SAVINGS TRUST (NEST) CORPORATION

Below threshold - award under framework

Sectors: Financial and insurance services (66) Delivery: UK

Awarded value£95,000published contract · exc. VAT

Awarded 10 Aug 2026

Awarded to Lane Clark & Peacock LLP

What is being bought

Published requirement 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.

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

Delivery: UK

66100000 Banking and investment services 66523000 Pension fund consultancy services

Procedure terms & legal framework

From the official record

Procedure method: Below threshold - award under framework
Legal basis: UKPGA · 2023/54 Procurement Act 2023
Notice status: Awarded
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Call-off under a framework
Competition type: Competitive procedure
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 10 Aug 2026, 19:11 BST
Last source update: 10 Aug 2026, 19:11 BST
Authority reference: TEN-2526-037 (PA2023)
FTS notice number: 2026/S 000-075957
Latest notice: Contract details notice (UK7)
Delivery area: UK
Official registry OCID: ocds-h6vhtk-06e0ac Find a Tender

Related procedures1

Call-off under framework TEN-2526-037 (PA2023) Retirement Consultancy Framework - Lot No 2, Call-Off No 1

Notice history

1 event · 1 release on Find a Tender

Contract details notice published
10 Aug 2026, 19:11 BST
UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £95,0001 contract exc. VAT

Contracts signed 1latest 10 Aug 2026

Awarded to	Value	Date	Status
Lane Clark & Peacock LLP	£95,000 †	—	Awarded

Contracts

Retirement Consultancy Framework - Lot 1 - Call-off 1 - Whole of Life Retirement Charging Strategy · Lane Clark & Peacock LLP
Signed
10 Aug 2026
Value
£95,000
Period
10 Aug 2026 – 31 Dec 2026
Status
active

Contracting authority & participating public bodies

National Employment Savings Trust (NEST) Corporation

Contracting authorityPublic authority - central government GB-PPON: PQGC-5667-VDDT 10 South Colonnade, Canary Wharf,, London, London, E14 4PUContact email

Bidders & participating suppliers

1 commercial party on the notice

LANE CLARK & PEACOCK LLPAwarded supplierGB-COH: OC301436GB-PPON: PTQC-6298-XZNH 95 Wigmore Street, London, London, W1U 1DQContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender10 Aug 2026, 19:11 BST