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    ContractsRetirement Pricing and Longevity Analysis Consultancy
    Awarded contract

    Retirement Pricing and Longevity Analysis Consultancy

    Awarded
    £80k
    Published 5 Oct 2026

    Provide independent actuarial consultancy to review Rothesay's retirement product pricing methodology, longevity assumptions, member categorisation approach, and value for money against market comparables.

    🇬🇧United Kingdom· LondonPublished 5 Oct 2026· 4 weeks agoviaFind a Tender
    Awarded
    £80k
    Published 5 Oct 2026

    Decision brief

    4 fields
    • Contract value
      £80,000
      Pounds sterling
    • Closing date
      Not published
      No closing date published
    • Sector
      Financial Services
      Browse related listings
    • Location
      🇬🇧United Kingdom
      London

    Suppliers

    1 supplier
    • HR
      Hymans Robertson
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 4 weeks ago.

    5 October 2026
    Awarded — no open tender advertised

    Brief

    The Supplier will provide specialist consultancy services to review and validate Rothesay's retirement product pricing methodology. Key deliverables include: (1) Assessment of longevity assumptions used for pricing, covering the weighting of mortality experience data, age-based adjustments, and treatment of untraced members; (2) Evaluation of member tracing results from LexisNexis and recommendations on alternative approaches; (3) Review of mortality experience data analysis and adjustment methodologies; (4) Assessment of the Mosaic categorisation system for segmenting members by affluence levels and evaluation of its suitability for pricing purposes; (5) Benchmarking of Rothesay's pricing against comparable bulk annuity market offerings; (6) Provision of an independent value-for-money assessment of pricing terms for the linked long-term inflation protection (LLPI) solution; and (7) Support for data quality improvement initiatives. The Supplier should have strong actuarial expertise in longevity risk, bulk annuity markets, and pricing methodologies to deliver objective analysis and recommendations.

    Track record

    11 awards · 6 winners
    Open field

    No single supplier dominates the field.

    In financial services, NATIONAL EMPLOYMENT SAVINGS TRUST NEST has awarded 11 contracts to 6 suppliers.

    Who wins here
    1. ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED5× · 45%
    2. WILLIS TOWERS WATSON2× · 18%
    3. LANE CLARK & PEACOCK LLP1× · 9%
    4. Towers Watson Limited1× · 9%
    5. Hymans Robertson1× · 9%
    6. THIRD CITY LIMITED1× · 9%

    Across financial services, the most active winners are ARTHUR J GALLAGHER INSURANCE BROKERS LTD, ALLPAY LTD, ECCLESIASTICAL INSURANCE OFFICE PUBLIC LIMITED COMPANY — the field to beat, or your route in as a partner.

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    Take action
    View on sourceFind a Tender

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-078044

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    Buyer
    NATIONAL EMPLOYMENT SAVINGS TRUST NEST
    Sector
    Financial Services