Source: https://tendernation.io/opportunities/01a13bee-e751-72b9-ab15-180294b9828d/lgps-central-pooling-and-collective-investment-vehicle-financial-advice awarded GB open procedure # LGPS Central Pooling and Collective Investment Vehicle Financial Advice [Wolverhampton City Council](https://tendernation.io/buyers/wolverhampton-city-council) Estimated value £698,569 Published 18 Nov 2016 Deadline Closed 27 Jul 2016 ## Who can bid - Open procedure Anyone can submit a full tender; there is no shortlisting stage. ## About this tender In response to the Government’s criteria for pooling assets, Local Government Pension Scheme (LGPS) Central has decided to build a Collective Investment Vehicle (CIV) structure to pool investments. The CIV model will include an Operator, which will be incorporated as a private company. The Operator will also be set-up as an alternative investment fund manager (AIFM) and regulated by the Financial Conduct Authority (FCA). The Operator will manage a Pool containing a number of vehicles, including an Authorised Contractual Scheme (ACS) and other vehicles (e.g. limited partnerships), yet to be confirmed. A Shareholders’ Forum (consisting of the Pensions Committee Chairs of the participating authorities) will act as the Supervisory Body of the Operator. A Practitioners’ Advisory Forum (consisting of Pension Fund Officers) will support the Shareholders’ Forum and act as the day-to-day liaison between the Shareholders’ Forum and the Operator. The deadline for the establishment of the outlined structure is 1st April 2018. As such, LGPS Central is now seeking advice and hands-on implementation support and delivery as set out below. ### Summary Support LGPS Central in the delivery, by 1st April 2018, of:- - The establishment of the Operator and Pool Vehicles, including FCA registration - The Governance and target operating model - The procurement of an Asset Servicer, advisors, auditors, bankers - Tax advice for both the Operator and Pool Vehicles Additional information: On behalf of West Midlands Pension Fund. Read full description ## CPV classification Financial consultancy services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/1c6da4db-adca-11e6-9901-0019b9f3037b) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. [Track tenders free](https://tendernation.io/register) [Buyer profile Wolverhampton City Council: past awards and live tenders](https://tendernation.io/buyers/wolverhampton-city-council) [Sector More Financial & insurance services tenders](https://tendernation.io/sectors/financial-insurance-services) ## More tenders like this [Financial and insurance services – Udbud af delkontrakter vedrørende administration af selvforsikringsordninger · Danish Ministry of Defence Acquisition and Logistics Organisation · 27 days left · 16 Nov 2026](https://tendernation.io/opportunities/01a156a9-9f2a-72f8-9d86-29b05755fb83/denmark-financial-and-insurance-services-udbud-af-delkontrakter-vedrorende-a) [Property insurance services – Prestations de services d’assurances · Ville de Baud (56) · 7 days left · 26 Oct 2026](https://tendernation.io/opportunities/01a156a9-eacd-7321-8a56-9e3a7fc387c0/france-property-insurance-services-prestations-de-services-dassurances) [Insurance services – Marché de service relatif à la prestation d'assurance pour les besoins de Labocéa · Labocéa · 29 days left · 18 Nov 2026](https://tendernation.io/opportunities/01a156a9-6d89-707c-8006-6aaea9baf8b7/france-insurance-services-marche-de-service-relatif-a-la-prestation-dassura) [Health insurance services – Hospitalisatieverzekering · Gemeente Kontich · 14 days left · 3 Nov 2026](https://tendernation.io/opportunities/01a156a9-8bc1-720a-9e1f-3592335b31e6/belgium-health-insurance-services-hospitalisatieverzekering) [Damage or loss insurance services – procedura aperta EX ART. 71 del codice degli appalti (d.lgs. N. 36/2023) PER l’affidamento del servizio DI assicurazione ALL risks (patrimonio) della durata DI 24 MESI (dalle ORE 24.00 del 31/12/2026 ALLE ORE 24.00 del 31/12/2028) prorogabile DI ulteriori 24 MESI DA aggiudicare CON IL criterio dell’offerta economicamente PIÙ vantaggiosa, in modalità telematica · Comune di Piove di Sacco · 36 days left · 25 Nov 2026](https://tendernation.io/opportunities/01a156aa-174b-7271-8223-dd3559df50eb/italy-damage-or-loss-insurance-services-procedura-aperta-ex-art-71-del-codi) [Liability insurance services – Prestation d'assurance pour les besoins de la Communauté de Communes Des Savanes 2027-2030 · Communauté des communes des Savanes (973) · 32 days left · 20 Nov 2026](https://tendernation.io/opportunities/01a156a9-6375-70c6-83f3-2673aade0342/france-liability-insurance-services-prestation-dassurance-pour-les-besoins)