TEN-2425-026 Annuity Brokerage Service

National Employment Savings Trust (NEST)contractContracts FinderRef tender_474807/1479944SME suitablecomplete

Estimated value

Awarded value

Awarded 30 Jan 2025

Suppliers

1

Lots

1

1 awarded

Published

12 May 2025

Deadline 10 Jan 2025

Description

Nest is looking to launch an annuity service for members that would go live in April 2025. Initially, our expectation is that it will be a signposted service that is linked to via the Nest member portal and within our retirement withdrawal journey. We may consider introducing data sharing or integrating the service into our retirement journey in the future, if user behaviour supports this development.

Scope

Reference
tender_474807/1479944
Commercial tool
Standalone contract
Contract dates
21 Apr 2025 to 20 Apr 2027
CPV classifications
66500000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
10 Jan 2025, 12:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

Award date

30 Jan 2025

Contract start

21 Apr 2025

Contract end

20 Apr 2027