01 Procurement
Tender overview
- Buyer
- National Employment Savings Trust (NEST) Corporation
- Status
- Complete
- Procurement method
- Competitive flexible procedure
- Category
- services
- CPV classification
- Not supplied
- Tender period
- Not supplied — Not supplied
Description
Nest was seeking an insurer to partner with to develop a bulk deferred annuity. We anticipate that the supplier appointed to partner with Nest for the co-design period would also be appointed to be the provider of the bulk annuity to Nest for an exclusive period. Due to the complexity of the service and contract, the procurement was run as a full over threshold competitive flexible procedure with various stages.
This page represents one OCDS contracting process. Notices can be revised over time. Values may be estimates, award values or contract values and should be read with their displayed stage and date.
02 Awards and contracts
Published award records
TEN-2425-042 Co-Design and Provision of a Bulk Deferred Annuity
- Awarded
- 25 November 2025
- Award value
- £0
- Suppliers
- 1
- Signed contract
- 28 January 2026
03 Organisations
Buyers, suppliers and other parties
National Employment Savings Trust (NEST) Corporation
10 South Colonnade, Canary Wharf,, London, UKI42, E14 4PU, United Kingdom
GB-PPON PQGC-5667-VDDTROTHESAY LIFE PLC
The Post Building, London, UKI31, WC1A 1PB, United Kingdom
Companies House 06127279 →Companies House links appear only for explicit GB-COH identifiers. BritDB does not create company links from a similar name or address.
04 Provenance
Source for this process
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