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PROCUREMENT OPPORTUNITY

Professional Corporate Sole Trustee (PCST) services for Aston University Pension Scheme (AUPS)

ASTON UNIVERSITY · Transparency notice on Find a Tender

Tender information last checkedLast checked 30 Sept 2026, 04:31.

Opportunity overview

Professional Corporate Sole Trustee (PCST) services for the Aston University Pension Scheme (closed to future accrual). This will include Trustee services, pension administration, member communications, actuarial services, audit, governance, legal, covenant, investment management and monitoring advice. Adopting a Professional Corporate Sole Trustee (PCST) model to administer the Aston University Pension Scheme has been determined to be the most efficient way to manage the legacy Defined Benefit pension scheme going forward while ensuring the integrity of the scheme, including funding position, ongoing administration and compliance with evolving TPR requirements is maintained. This is a relatively new approach in the market but it has been determined that minimising disruption and limiting risk during the current triennial valuation is the optimal outcome and that this was the only option whereby continuity of the current actuarial, investment and professional trustee services could be maintained while achieving efficiencies.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

ROSS TRUSTEES SERVICES LIMITED

Matched by number
Published award value
£2.6m
Awarded
17 Jun 2025
Award ID
1
Status
active
Identifier
GB-COH 07904277
Location
London, UKI31, EC4N 6HL, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
1137
Status
complete
Procurement Method
direct
Procurement Method Details
Direct award
Why this procedure was chosen
Adopting a Professional Corporate Sole Trustee (PCST) model to administer the Aston University Pension Scheme has been determined to be the most efficient way to manage the legacy Defined Benefit pension scheme going forward while ensuring the integrity of the scheme, including funding position, ongoing administration and compliance with evolving TPR requirements is maintained. This is a relatively new approach in the market but it has been determined that minimising disruption and limiting risk during the current triennial valuation is the optimal outcome and that this was the only option whereby continuity of the current actuarial, investment and professional trustee services could be maintained while achieving efficiencies.

Legal basis

Id
2023/54
Scheme
UKPGA

Procedure reasons

Entry 1
Id
singleSuppliersTechnicalReasons

Lots and requirements

Entry 1
Id
1
Status
complete

Published documents

Entry 1
Id
conflictOfInterest
Description
Not published
Document Type
conflictOfInterest

Buyer, suppliers and contacts

Organisation 1
Id
GB-COH-RC000904
Name
ASTON UNIVERSITY

Roles

buyer

Address

Region
UKG31
Country
GB
Locality
Birmingham
Postal Code
B4 7ET
Country Name
United Kingdom
Street Address
Aston Triangle

Details

Classifications

Entry 1
Id
publicAuthoritySubCentralGovernment
Scheme
UK_CA_TYPE
Description
Public authority - sub-central government

Identifier

Id
RC000904
Scheme
GB-COH

Contact

Additional Identifiers

Entry 1
Id
PTLB-7496-TPTR
Scheme
GB-PPON
Organisation 2
Id
GB-COH-07904277
Name
ROSS TRUSTEES SERVICES LIMITED

Roles

supplier

Address

Region
UKI31
Country
GB
Locality
London
Postal Code
EC4N 6HL
Country Name
United Kingdom
Street Address
4th Floor , Cannon Place, 78 Cannon Street

Details

Vcse
No
Scale
sme
Sheltered Workshop
No
Public Service Mission Organization
No

Identifier

Id
07904277
Scheme
GB-COH

Contact

Additional Identifiers

Entry 1
Id
PGJH-8616-QRJQ
Scheme
GB-PPON

Award information

Award 1
Id
1
Date
18 Jun 2025, 00:00
Status
active
Above Threshold
Yes
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom
Entry 2
Region
UK
Country
GB
Country Name
United Kingdom
Entry 3
Region
UK
Country
GB
Country Name
United Kingdom

Additional Classifications

Entry 1
Id
66141000
Scheme
CPV
Description
Pension fund management services

Value

Currency
GBP
Including VAT
2,630,610

Documents

Entry 1
Id
033178-2025
Format
text/html
Notice Type
UK5
Description
Transparency notice on Find a Tender
Document Type
awardNotice
Published
18 Jun 2025, 10:29
Entry 2
Id
033196-2025
Format
text/html
Notice Type
UK6
Description
Contract award notice on Find a Tender
Document Type
awardNotice
Published
18 Jun 2025, 11:11

Suppliers

Supplier 1
Id
GB-COH-07904277
Name
ROSS TRUSTEES SERVICES LIMITED

Milestones

Entry 1
Id
1
Type
futureSignatureDate
Status
scheduled
Due
30 Jun 2025, 23:59

Related lots

1

Contract period

Ends
30 Jun 2030, 23:59
Starts
1 Jul 2025, 00:00

Standstill Period

Ends
27 Jun 2025, 23:59

Contracts and changes

Entry 1
Id
1
Status
active
Award ID
1
Date Signed
30 Jun 2025, 00:00
Has Renewal
Yes
Above Threshold
Yes
No Agreed Metrics Rationale
Not above £5m

Value

Currency
GBP
Including VAT
2,630,610

Period

Ends
30 May 2028, 23:59
Starts
1 Jul 2025, 00:00
Max Extent Date
30 May 2031, 23:59

Renewal

Description
3 year extension option

Documents

Entry 1
Id
044734-2025
Format
text/html
Notice Type
UK7
Description
Contract details notice on Find a Tender
Document Type
contractNotice
Published
31 Jul 2025, 13:08

Recorded locations

  • Buyer location · Birmingham · UKG31 · B4 7ET · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-054ed2-2025-07-31T13:08:57+01:00Transparency notice on Find a Tender ·