retirement consultancy services

Opportunity overview

The Supplier will provide the services outlined below: • Review of key judgement decisions made by Rothesay in their approach to setting longevity assumptions for pricing, including: o Weight applied to Nest mortality experience data when setting pricing basis. o Approach to mortality experience adjustments across ages. o Approach to treating untraced members in mortality experience data when performing analysis. • Review of LexisNexis tracing results and consideration of alternative approaches to treating untraced members. • Review of mortality experience data and consideration of alternative approaches to applying mortality experience adjustments. • Analysis of Rothesay's approach of using Mosaic and advice on the suitability of Mosaic to rank and categorise members into different affluence groups. • Analysis of Rothesay's pricing compared to pricing observed in the wider bulk annuity market. • Providing an independent view on the value for money of Rothesay's pricing terms, as applied to the unique LLPI solution. • Assisting in work undertaken to improve Nest data quality.

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.

Classification

No classification was supplied.

Lots

• Lot 1Value not stated

Documents and notices

• Contract details notice on Find a TenderOpen source ↗