2025/26 Pension Fund - Actuarial Services

A Contract Award Notice
by NUCLEAR RESTORATION SERVICES LIMITED

Source: Find a Tender
Type: Contract ()
Duration: not specified
Value: £1M

Sector: MISCELLANEOUS
Published: 05 Jun 2025
Delivery: not specified
Deadline: n/a

Related Terms

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

Nuclear Restoration Services Warrington

1 supplier

Aon Solutions Epsom

Description

The trustee of the Magnox Group of ESPS is obliged under pension legislation (originally Pensions Act 1995) to appoint a scheme actuary. Damien Kelson, who is employed by Aon, is the scheme actuary. This is the cost of provision of mandatory professional actuarial services to the trustee. This appointment will continue to be reviewed by the trustee periodically.

Award Detail

1	Aon Solutions (Epsom) Pension Fund - Actuarial Services Reference: 1 Value: £1,101,750

CPV Codes

None found

Legal Justification

The Trustee are required to formally appoint an Actuary under pension legislation and can only rely on advice from an Actuary – AON were chosen by the Trustee.