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Independent Investment Advisor for the Staffordshire Pension Fund

Staffordshire County Council Published 12 Feb 2024 Contracts Finder

key details

Value£175,000
Statuscomplete
Category (CPV) 66131100
Deadline11 Mar 2024
Contract start1 Apr 2024
Contract end31 Mar 2030
Procedureopen
SME suitableYes
OCIDocds-b5fd17-cb7353a6-c2ea-4154-98a7-e29e7a20d3f8

Awards (2)

This procurement was awarded to 2 suppliers. Values shown are per-award; the notice total is £175,000.

SupplierValueDateStatus
Carolan Dobson £180,000 13 Aug 2024 active
John Harrison Investment Consulting Ltd £175,000 13 May 2024 active

description

Staffordshire County Council is the Administering Authority for the Staffordshire Pension Fund ('the Fund'). The Fund has a total membership of 119,000, consisting of around 34,000 active members, 42,000 retired pensioners and dependants, and 43,000 deferred members. As of 31 December 2023, the assets of the Fund were in excess of £7.1 billion.

The appointment will take the form of a contractual agreement between the appointed provider and Staffordshire County Council, to supply the services outlined below for the Staffordshire Pension Fund, in accordance with the terms agreed in the contract.

The main duties of the independent Investment Adviser are as follows:

To attend quarterly in person meetings of the Pensions Panel;
To attend ad-hoc investment strategy, implementation and manager monitoring meetings with Officers and the appointed Investment Consultant;
To provide ad-hoc advice and attend any other meetings as may be required from time to time.

notice history

3 notices published against this procurement.

PublishedTypeRegimeNotice
12 Feb 2024 Tender (tender) · 4d96885c-32d7-401b-a26b-89adaff6e559-722566
15 May 2024 Award (award) · 876c445e-aec1-478b-8d21-65deb4c44785-751067
14 Aug 2024 Award (award) · 98a85827-0cc0-4e22-b6d0-cb1f92eb7776-777093

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source

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