2026/27 Pension Fund - Investment Advice
key details
| Status | complete |
|---|---|
| Procedure | direct |
| OCID | ocds-h6vhtk-06b35f |
Awards (2)
This procurement was awarded to 1 suppliers. Values shown are per-award; the notice total is ·.
| Supplier | Value | Date | Status |
|---|---|---|---|
| AON Investments Limited | £1,627,000 | · | pending |
| AON Investments Limited | · | · | active |
description
The Trustee has appointed Aon as Investment Adviser to the Electricity Supply Pension Scheme (ESPS). The appointment is in line with legislative requirements which mandate that pension scheme trustees obtain advice from a suitably qualified and regulated investment adviser.
In accordance with the ESPS Trust Deed and Rules, costs associated with investment advice are permitted to be charged directly to the pension fund. These costs are not paid directly by the employer but are instead recharged to the Scheme and met from Scheme assets, which are ultimately funded by employer contributions.
notice history
2 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 11 Jun 2026 | Transparency notice (UK5) | Procurement Act 2023 | 055398-2026 |
| 1 Jul 2026 | Contract details (UK7) | Procurement Act 2023 | 061738-2026 |
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source
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