Source: https://tendernation.io/opportunities/01a13c5e-c64f-73ae-9133-8be116c5877e/ten-1920-010-nest-insight-self-employed-savings-trial-partner-b closed GB open procedure Suitable for SMEs # TEN-1920-010 NEST Insight - self-employed savings trial partner B [National Employment Savings Trust (NEST)](https://tendernation.io/buyers/national-employment-savings-trust-nest) Estimated value Not stated Published 13 Jan 2020 Deadline Closed 7 Feb 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. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender Please visit the following link to access this tender: [nesttenders.bravosolution.co.uk/web/login.shtml](https://nesttenders.bravosolution.co.uk/web/login.shtml) While automatic enrolment has worked very successfully to prompt pension savings behaviour with employees, it relies on the employer to enrol the employee and take contributions. Self-employed people do not have a default savings mechanism such as automatic enrolment through an employer to facilitate retirement saving. In addition, self-employed people face a number of different barriers to saving for retirement including often irregular and/or uncertain income. Based on our preliminary research the kinds of platforms that self-employed people use to find work, take payments and manage their finances have been highlighted as points of contact most promising to design potential solutions to bridge this gap. Nest Insight is keen to find an organisation to collaborate with us that can develop, test and trial these solutions in practice and assist Nest Insight with some research activities. Thus, we are seeking a collaboration with a provider who can: - Design, develop and implement tools and/or mechanisms to trial with self-employed people that have the potential to encourage long term and retirement savings within our proposed research trial designs. This includes designing the trial so as to enable collection and collation of data that will allow for evaluation of the trial, - Access self-employed people to take part in the trial, - Obtain the necessary authorisation or licence from the relevant authorities (if applicable), - Run the trial of the tools and /or mechanism mentioned just above, - Actively participate in the research work activities with Nest Insight, and - With regard to the research activities, collect, process as required by Nest and share the data (including personal data if required) with Nest. Our primary research question for Trial and Research - Design B is: Does the product into which the self-employed are asked to save matter? In particular does liquidity of access increase propensity to participate? - Development of pilot tools/mechanisms and trial phase 1.1 Development and trial of the pilot tools/mechanisms Nest Insight is looking to collaborate with an organisation that can deliver a mechanism or condition on their platform to allow retirement savings contributions to be made into a savings vehicle (this could include a cash account, long term savings vehicle, LISA, or pension, or some combination of these accounts). These would provide a range of options to test uptake of various liquidity levels of savings. The collaborator will need to develop the tool and/or mechanism, run the trial and obtain the relevant approvals, licences and authorisations as necessary. Read full description ## CPV classification Research and development services and related consultancy services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/c6097299-eaab-4fa0-981c-ef49c471f347) 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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