Open Closing in a 5 months
Pensions Administration Software
Descriptions
We are reviewing our pension administration software solution and wish to engage with the market to explore potential solutions. We want to understand what solutions may exist to meet our existing needs, as well as exploring enhancements that might be available to meet future needs. We ultimately seek a solution which will streamline pension administration for our members and future members, enhance user experience, provide modern digital tools and capabilities, and ensure compliance with legislative and regulatory standards. As of 31 March 2024, we administer the pensions for 432,496 of our members and payout approximately £1.2bn per year in member benefits. Our existing pensions administration contract expires 31 March 2029. All details contained in this notice are our genuine best estimate but are subject to change.
Timeline
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Tender Regions
CPV Codes
48000000 - Software package and information systems
66523100 - Pension fund administration services
Keywords
software package and information systems
application software
IT systems
enterprise software
packaged applications
digital solutions
pension fund management
fund trustee services
pension recordkeeping
pension contributions administration
pension disbursement processing
pension compliance management
pension fund oversight
pension scheme operations
pension payment administration
retirement fund handling
Tender Lot Details
2 Tender Lots
Workflows
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Details
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Possible Competitors
1 Possible Competitors
