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| Source: | Find a Tender Service (FTS) |
| Notice Type: | Award notice |
| Buyer: | Nuclear Restoration Services Limited |
| Main Category: | Services |
| Procurement Method: | Direct award |
| Method Rationale: | The Trustee has appointed Aon as the investment adviser, in compliance with legal requirements for pension schemes to engage a regulated professional. Under the ESPS rules, investment-related costs are the only fees that can be charged directly to the pension fund rather than the employer. Although the employer ultimately funds the scheme, these fees are recharged to the fund. |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | Not specified |
| Release Date: | 23 June 2025 |
All 2 notices for this procurement, oldest first.
2025/26 Pension Fund - Investment Advice (Recharge to Scheme)
2025/26 Pension Fund - Investment Advice (Recharge to Scheme)
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Awarded to
| Award status: | Active |
The Trustee has appointed AON as the investment adviser for the pension scheme, in line with legal requirements for trustees to use regulated professionals. Investment advice costs are recharged to the pension fund, not paid directly by the employer, although the employer ultimately funds the scheme.
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| Procurement ID (OCID): | ocds-h6vhtk-0543a7 |
| Notice Reference: | 034506-2025 |