Who won: Lot 3, Call-Off 1

About this contract

This Contract Award Notice was published previously, however, did not have the unique OCID number attached to it due to administrative errors. This is a republishing of the Award Notice using today's date. The Supplier will organise workshops, in 'sprint'-style format, to support Nest Invest to form views on design aspects or operational approaches for its retirement income blueprint, which include but are not limited to the following: 1. Assessment of choice of CMA model, and support making any changes 2. Income calibration sessions (setting initial income, high-level investment strategy, adjusting the income framework) 3. Approach for early retirees (reducing volatility though income framework) 4. Choice of comparator annuities 5. Detailed decisions on co-horting (age-related simplifications and allowing for significant market movements, also related work on cross subsidies) 6. Detailed investment strategy considerations 7. Price-lock considerations with the insurer 8. Governance of cohorts The supplier will also prepare pre-reading materials and papers documenting the outcomes of workshops, for subjects relating to the retirement income blueprint, including the subjects above. T

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