Provision of Fiduciary Management services to Aberystwyth University Pension Scheme

Concepts

• pension investment
• ceredigion
• pension fund management
• pension services
• pension fund consultancy
• aberystwyth university pension scheme
• university
• fiduciary management services
• the fm manager
• a fm service

Location

Aberystwyth University

Description

To provide a FM service to Aberystwyth University Pension Scheme (“the Scheme”) together with the necessary investment consultancy advice for the Defined Benefit section of the Plan only to allow the Trustee to set the strategic investment objectives for the Fund and help consideration of the development of a de-risking plan.

Total Quantity or Scope

Fulfilling these roles will involve the appointed FM taking instructions from the Trustee Board as well as other persons notified to the FM from time to time. Whilst this is proceeding through the University's procurement process the appointment will be a decision for trustees and all obligations and duties of the FM manager are owed to the trustees. The trustees shall have to satisfy themselves that their legal obligations as trustees in relation to investment advice and management are being fulfilled. It shall be the Pension Scheme and not the University that is entering into the contractual obligations.

Renewal Options

2 years + 2 years + 1 year subject to satisfactory performance

CPV Codes

• 66131100 - Pension investment services
• 66141000 - Pension fund management services
• 66520000 - Pension services
• 66523000 - Pension fund consultancy services

Indicators

• Bids should cover the whole contract.
• Renewals are available.
• Performance considerations apply.
• Professional qualifications are sought.
• Staff qualifications are relevant.
• Award on basis of price and quality.

Other Information

NOTE: The authority is using eTenderwales to carry out this procurement process. To obtain further information record your interest on Sell2Wales at https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=137239 (WA Ref:137239) The buyer considers that this contract is suitable for consortia.