Contract awardedFind a TenderPension actuary

GMC2199 Actuarial and administration services, investment services and employee advice

The contract covers four distinct service areas for a staff superannuation scheme: actuarial services, pension administration, investment advice, and employer-side advisory support. The engagement is structured as a multi-lot framework with a five-year initial term and options for two additional 24-month extensions, requiring high-level professional expertise in pension fund management and regulatory compliance.

Awarded value
£3.9m
As published
Published
20 August 2025
Find a Tender
Contract length
59 months
Ends 4 December 2030

What the buyer is asking for

Provision of professional actuarial, pension administration, investment advisory, and employer-side consultancy services for a staff superannuation scheme.

Lifecycle

  1. Publishedon Find a Tender
  2. Contract awardedto Maven Public Sector and XPS Group PLC
  3. Contract starts
  4. Contract ends

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The buyer

Type
Other public body
Pension actuary contracts, 24 months
1
Open pension actuary tenders
0
Typical pension actuary contract
£3.9m

See everything General Medical Council buys →

How it compares

39× the typical pension actuary contract (£100k).

Cite this contract

Link
https://bidskim.com/tender/326117/gmc2199-actuarial-and-administration-services-investment-services-and-employee-a
Buyer reference
GMC2199
Open contracting ID
ocds-h6vhtk-058b69
Source
Find a Tender
Last checked
12 October 2026

General Medical Council. GMC2199 Actuarial and administration services, investment services and employee advice. Contract award, 20 August 2025. BidSkim, https://bidskim.com/tender/326117/gmc2199-actuarial-and-administration-services-investment-services-and-employee-a (accessed 12 October 2026).