Tender Details

Country: United Kingdom
Summary: Research Services : Research on Uk Defined Contribution Pension Scheme Default Investment Strategies
GBT Ref No: 96522130
Deadline: 26 Feb 2024
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: GBP 54000
Notice Type: Tender
Document Ref. No.: FRC2024-007
Purchaser's Detail:
Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details.
Login to see details
Description:
Title : Research Services : Research on UK Defined Contribution Pension Scheme Default Investment Strategies
Location Of Contract : EC2Y 5AS
Industry : Research and development services and related consultancy services - 73000000
Value Of Contract : £40,000 to £54,000
Description : The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. We seek to promote transparency and integrity in business; our work is aimed at investors and others who rely on company accounts, audit, and high-quality risk management. The FRC sets and regularly reviews Actuarial Standard Technical Memorandum 1: Statutory Money Purchase Illustrations ("AS TM1"). AS TM1 specifies the assumptions and methods to be used in the calculation of statutory illustrations of retirement income from 'money purchase' pensions, also known as 'defined contribution' (DC) pensions. AS TM1 requires these illustrations to use assumptions that differ depending on the volatility of the funds in which the DC pension is invested.For a UK Defined Contribution ('DC') pension scheme the selection of the default investment strategy that is offered to scheme members is one of the most important decisions for pension scheme decision-makers. This is because many/most scheme members will follow the default strategy, particularly individuals without the financial knowledge and/or confidence to make ...
Documents:

If you are registered member, kindly login to view full details of this tender notice:

Research Services : Research on Uk Defined Contribution Pension Scheme Default Investment Strategies - Greatbritain Tender

The THE FINANCIAL REPORTING COUNCIL LIMITED, a Government sector organization in United Kingdom, has announced a new tender for Research Services : Research on Uk Defined Contribution Pension Scheme Default Investment Strategies. This tender is published on GreatbritainTenders under GBT Ref No: 96522130 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2024-02-26.

The estimated tender value is GBP 54000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.