Pension Scheme (Defined Contribution) and Employee Benefits
NWUPC in conjunction with UCEA has a requirement to establish a Framework Agreement for the provision of a Defined Contribution Master Trust Pension Scheme and Employee Benefits including Group Life Assurance, Group Income Protection and the provision of a customisable benefits platform for the management of employee benefits through a single centralised portal. NWUPC is establishing the Framework Agreement as a central purchasing body for itself and its Members (Other Contracting Bodies (OCB)). NWUPC is managing t...
Buyer
NWUPC Ltd
Value
£19,000,000
Published
29 Aug 2025
Closes
17 Mar 2025
Procurement details
Source
Find a Tender
Region
Greater Manchester South West
Procurement method
Open
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
66520000
Pension services
66131100
Pension investment services
66141000
Pension fund management services
66522000
Group pension services
66523100
Pension fund administration services
66510000
Insurance services
66511000
Life insurance services
66512000
Accident and health insurance services
Lots
Lot 1 Lot 1- Pension Scheme (Defined Contribution) Master Trust
Value not provided
NWUPC is seeking to set up a section in a pre-existing authorised master trust as a tailored solution for Member Institutions of the participating consortia that can be used to meet (or exceed) automatic enrolment requirements as a minimum, to be available for H2 2025 eligibility. The scheme will be available to Member Institutions to enrol staff as defined...
Delivery: United Kingdom
Lot 2 Lot 2- Group Life Assurance & Group Income Protection
Value not provided
The provision of Group Life Assurance and Group Income Protection to staff of participating consortia Member Institutions as an employee benefit. It will be at the discretion of the Member Institution which of the available policies they elect to take-up. This lot does not include a requirement for any insurance broking services.
Delivery: United Kingdom
Lot 3 Lot 3- Flexible Benefits Platform
Value not provided
The provision of a largely off the shelf flexible benefits platform for the management of employee benefits through a single centralised online platform that is customisable to the requirements of the participating consortia member institutions. The platform will offer a range of benefits that shall be available to employees who meet any relevant qualifying...
Delivery: United Kingdom
Documents
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