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    ContractsRetirement Income Blueprint Consultancy Services - Call Off 1
    Awarded contract

    Retirement Income Blueprint Consultancy Services - Call Off 1

    Awarded
    £450k
    Published 20 Jul 2026

    Willis Towers Watson to provide retirement income blueprint consultancy services through facilitated workshops and strategic documentation for Nest Invest.

    🇬🇧United Kingdom· LondonPublished 20 Jul 2026· 1 months agoviaFind a Tender
    Awarded
    £450k
    Published 20 Jul 2026

    Decision brief

    4 fields
    • Contract value
      £450,000
      Pounds sterling
    • Closing date
      Rolling
      No closing date published
    • Sector
      Financial Services
      Browse related listings
    • Location
      🇬🇧United Kingdom
      London

    Suppliers

    1 supplier
    • WT
      WILLIS TOWERS WATSON
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 1 months ago.

    20 July 2026
    Awarded — no open tender advertised

    Brief

    This is a reissue of a previous contract award notice with corrected documentation (OCID number). Willis Towers Watson has been selected to provide retirement consultancy services to Nest Invest through a series of sprint-style workshops and supporting materials. The supplier will facilitate workshops covering critical design and operational aspects of a retirement income distribution blueprint, including: evaluation of the Customer Mobility Approach (CMA) model, income calibration and investment strategy development, approaches for early retirees, annuity comparator selection, cohort design and cross-subsidy analysis, detailed investment strategy decisions, price-lock negotiations with insurers, and cohort governance frameworks. The supplier will produce pre-reading materials, workshop outcome documentation, and conduct additional analysis to support the design and modelling of the income distribution approach. This engagement requires expert guidance on complex retirement income product design and actuarial considerations.

    Track record

    7 awards · 5 winners
    Open field

    No single supplier dominates the field.

    In financial services, NATIONAL EMPLOYMENT SAVINGS TRUST NEST has awarded 7 contracts to 5 suppliers.

    Who wins here
    1. ALPHA FINANCIAL MARKETS CONSULTING UK LIMITED3× · 43%
    2. LANE CLARK & PEACOCK LLP1× · 14%
    3. WILLIS TOWERS WATSON1× · 14%
    4. Towers Watson Limited1× · 14%
    5. THIRD CITY LIMITED1× · 14%

    Across financial services, the most active winners are ARTHUR J GALLAGHER INSURANCE BROKERS LTD, ECCLESIASTICAL INSURANCE OFFICE PUBLIC LIMITED COMPANY, MARSH LTD — 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-06cf23
    NE
    Buyer
    NATIONAL EMPLOYMENT SAVINGS TRUST NEST
    Sector
    Financial Services