Source: https://tendernation.io/opportunities/01a13c55-4164-728d-848f-4c69740c7cb3/consultancy-services-and-research-on-defined-contribution-pensions-investment-pr

closed GB open procedure Suitable for SMEs

# Consultancy Services and Research on Defined Contribution Pensions Investment Practices and the Use of Target Funds and Default FundsConsultancy Services and Research on Technologies for Automatic Pension Enrolment

[Foreign & Commonwealth Office](https://tendernation.io/buyers/foreign-commonwealth-office)

Estimated value

£160,000

Published

23 Jun 2020

Deadline

Closed

24 Jul 2020

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

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## About this tender

Foreign and Commonwealth Office (FCO) is looking for a provider of consultancy services and research on defined contribution pensions investment practices and the use of target funds and default funds in China.

For this specific project the supplier is to carry out research into current defined contribution pensions investment practices in China and draw on the best practices on the use of Target Date Funds and Default Funds for defined contribution pensions from around the world, to establish the extent to which these practices could be replicated in China to support future automatic enrolment.

The goal of the project is to develop a model Default Fund design in China based on the findings of the research, with input from relevant stakeholders.

The Pensions Pillar work within the Prosperity Fund Financial Services (FS) Programme (the Programme) in the People's Republic of China is intended to address the current issues associated with the transition from China's current heavy dependence on Pillar 1 pensions to a future multi-pillar pensions regime.

This contract will be for the delivery of research and analysis on Target Date Funds and Default Fund design, considering current and best practices in China, the UK and around the world. From this research, recommendations for a model Default Fund design for defined contribution pensions to support automatic enrolment should be developed, with input from key stakeholders.

The supplier will be expected to deliver the following specific outputs:

- A detailed China 'as-is' analysis paper which should, at minimum, include:
- Analysis of China's current pensions investment practices, capabilities and infrastructure; and
- Analysis and write up on the extent to which Target Date funds are currently used in China.
- UK Target Date Funds & Default Funds analysis report. Consisting of an analysis into how Target Date Fund strategies and Default Funds have been utilised in the UK to support automatic enrolment.
- Global Best Practices analysis report consisting of analysis into best practices on the use of target date funds and default funds from around the world.
- A proposed model for Default Fund Design for Pillar II pensions in China. This output breaks down into:
- The development of the proposed model;
- The organising of workshops with relevant parties to test methodology and investment strategy with key stakeholders.

To access the tender documents, please login or register to FCO's e-sourcing portal [fco.bravosolution.co.uk](https://fco.bravosolution.co.uk). If you have any technical issues with accessing the tender documents, please call e-sourcing helpdesk: +44 203 608 4013 or email: .

Any queries related to the subject of this tender should be sent via the messaging function for the itt\_3826 - project\_4482 - PF China - Pensions Workstream 5 Project 1.

Additional information:

To access the tender documents, please login or register to FCO's e-sourcing portal [fco.bravosolution.co.uk](https://fco.bravosolution.co.uk). If you have any technical issues with accessing the tender documents, please call e-sourcing helpdesk: +44 203 608 4013 or email: .

Any queries related to the subject of this tender should be sent via the messaging function for the itt\_3821 - PF China Financial Services Programme Fin Tech Pillar Workstream 3 Project 2 "Regulatory Sandbox" knowledge exchange and training.

Read full description

## CPV classification

Financial consultancy services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/6028b6f6-2261-4aab-8c38-7b9aa1a528c3)

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