Pensions Administration Software

A Prior Information Notice
by PENSION PROTECTION FUND

Source
Find a Tender
Type
Contract (Services)
Duration
12 year
Value
___
Sector
BUSINESS
Published
01 Apr 2025
Delivery
01 Apr 2027 to 31 Mar 2039
Deadline
n/a

Related Terms

Location

United Kingdom:

Geochart for 1 buyers and 0 suppliers

Description

We are reviewing our pension administration software solution and wish to engage with the market to explore potential solutions. We want to understand what solutions may exist to meet our existing needs, as well as exploring enhancements that might be available to meet future needs. We ultimately seek a solution which will streamline pension administration for our members and future members, enhance user experience, provide modern digital tools and capabilities, and ensure compliance with legislative and regulatory standards. As of 31 March 2024, we administer the pensions for 432,496 of our members and payout approximately £1.2bn per year in member benefits. Our existing pensions administration contract expires 31 March 2029. All details contained in this notice are our genuine best estimate but are subject to change.

CPV Codes

  • 66523100 - Pension fund administration services
  • 48000000 - Software package and information systems

Indicators

  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

  • ocds-h6vhtk-04fb0c
  • FTS 012147-2025

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