Pension Scheme (Defined Contribution) and Additional Benefits

Description

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 this procurement process in accordance with the Public Contracts Regulations 2015 (the "Regulations") on behalf of members of APUC, HEPCW, LUPC, NEUPC, NWUPC and SUPC.  
The Framework Agreement will be split into three lots as follows:
Lot 1 - Defined Contribution Pension Scheme (Master Trust) 
Lot 2 - Group Life Assurance & Group Income Protection	
Lot 3 - Flexible Benefits Platform
Please note that this notice relates only to the award of Lots 1 & 2 of this tender exercise. The award process for Lot 3 Flexible Benefits Platform has not been concluded and, as such, will be covered in a separate contract award notice in line with the conclusion of the contract.