Source: https://tendernation.io/opportunities/01a13c21-40a9-725c-a529-7c726684b81a/provision-of-advice-regarding-the-sourcing-of-an-employer-administered-defined-c closed GB open procedure Suitable for SMEs # Provision of advice regarding the sourcing of an employer administered defined contribution pension scheme [Oldham Council](https://tendernation.io/buyers/oldham-council) Estimated value Not stated Published 5 Mar 2018 Deadline Closed 21 Mar 2018 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender The Council is seeking advice regarding employer administered Defined Contribution pension schemes. The current provider of such a scheme for employees in a private sector company in which the Council has an interest is withdrawing provision. The assistance of a specialist is required to provide advice to the Council so it is able to: • Determine which firms are likely to be interested in providing a Defined Contribution (DC) pension scheme arrangement for a company employing c100-150 potential scheme members and what the fees/costs associated with such an arrangement are likely to be; • Identify what legal/regulatory issues are pertinent to the selection and appointment of a reputable company capable of providing a DC pension scheme arrangement (e.g. new requirements regarding minimum contribution rates). The company concerned is also in a Teckal arrangement (which may change in future) and the Council requires advice as to whether this has any implications for the sourcing of a DC pension scheme; • Identify alternative options if there is little or no market appetite for provision (for example, Nest); • Determine what would constitute a reasonable 'package' to offer to employees in terms of pension provision including but not limited to employer contribution rates, the extent to which employer and employee contributions should be matched, whether additional items such as life cover should be included and the extent to which employees can access and manage their pension scheme details via the web. In the context of employee remuneration, advice is sought regarding what package represents a reasonable and competitive offer. Additional information: Please register on [procontract.due-north.com](https://procontract.due-north.com/) and search for DN327102 to find details of the opportunity. Read full description ## CPV classification Financial and insurance services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/41e97ab3-efa6-425b-9a34-874e9b068d65) 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. 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