Defined Benefit Administration Services
What the buyer wrote
SGN operates a closed defined benefit (final salary) pension arrangement which is registered in the UK and governed by a Trustee Board. The Scheme is currently administered by SSE Pensions, by their in-house Team in Perth, and the Scheme Actuary is Hymans Robertson LLP. The Scheme has been in force in its current form since 2005. It has assets of c£1.3bn, is relatively well funded, and is looking for a high quality administrative and secretariat service to operate from autumn 2022.
Details
- What the buyer calls it
- Defined Benefit Administration Services
- How they are buying
- Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
- Type
- services
- Framework
- Yes: joining it lets you bid for call-offs without a new tender each time
- Kind of work
- Accountancy, audit and financial advice
Who the buyer named
The buyer published a contact address on this notice.