Parliamentary fund tenders admin

UK - Trustees of the £280m (€414m) House of Commons' Parliamentary Contributory pension fund are seeking a new pensions administrator.

A contract for the incumbent service provider - thought to be STC Pensions Management - expires in March 2008, a spokesman for UK parliament confirmed without confirming the existing provider.

The new nine-year contract is for the provision of administration services, including payment of pensions and proactive professional support, and the current service provider would be eligible to re-tender.

The House of Commons also put out a tender earlier this year for trustee investment advice as the contract with Mercer is running out at the end of October.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2503

    Asset class: Equities.
    Asset region: Emerging Markets.
    Size: EUR 30m.
    Closing date: 2019-01-31.

  • QN-2505

    Asset class: Real Estate Core/Core-Plus Multi-sector strategy.
    Asset region: Asia-Pacific.
    Size: $ 50m.
    Closing date: 2019-01-28.

Begin Your Search Here