UK – The £8.5bn (€12.4bn) Greater Manchester Pension Fund has tendered for a new actuarial and investment consultant.

Fund administrator Tameside Metropolitan Borough Council in Ashton-under-Lyne has tendered the five-year brief on the European tenders database. There’s an option to extend the contract for up to years.

Between five and 20 operators will be invited to tender or to participate.

The tender adds that it will look for the “most economically advantageous tender in terms of the criteria stated in the specifications”.

Tenders or requests to participate must be received by June 26 while invitations to tender or participated will be dispatched on July 31.

According to www.pensionfundsonline.com, the incumbent supplier is consulting firm Hymans Robertson.

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