AwardedAwarded 7 October 2026
CS1039 A & E - Specialist Actuarial Consultancy
Pension Protection Fund · Local or regional public body
In brief
Pension Protection Fund awarded financial services work to Aon Solutions UK Limited on 7 October 2026.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
CS1039 A - Funding Framework Review
Specialist actuarial consultancy services to undertake an independent review of the Pension Protection Fund's Funding Framework. The review will assess the framework's objectives, risk thresholds, methodology and governance arrangements, taking account of significant changes in the operating environment since the framework was last published in September 2022. The services will support the development of an updated funding strategy and associated governance framework.
CS1039 E - Long-Term Risk Model (LTRM) Review
Specialist actuarial consultancy services to undertake an independent review of the PPFs Long-Term Risk Model (LTRM). The LTRM is a key model used to assess the PPF's long-term funding position and associated risks and has evolved considerably since its original development, including a transition from Excel/VBA to the Tyche platform in 2019. The review will assess the model's methodology, implementation, controls and governance to provide assurance that it remains robust, reliable and fit for purpose in supporting the PPF's funding strategy and risk management objectives.
Who won
| Winner | Value | Dates |
|---|---|---|
| Aon Solutions UK Limited (SME) | £249,500 | Awarded 11 May 2026 8 October 2026 to 31 December 2026 |
Values as the award notice gives them, excluding VAT where stated.
Timeline
- Contract award notice · UK6, notice 094797-2026
- Contract details notice · UK7, notice 094821-2026
About the buyer
Pension Protection FundLast 12 months
Procurements
22Awards
19Suppliers it has used most for financial services
- Aon Solutions UK Limited1 contract
- Aon UK Ltd.1 contract
- Frontier Economics Ltd1 contract
- Hymans Robertson LLP1 contract
- PA Consulting Ltd1 contract
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From notice 094797-2026 on Find a Tender, first published 7 October 2026, last updated 7 October 2026. We last checked for changes on 7 October 2026.