Research Services for Pensions illustrations: presenting uncertainty and variability

Wat de aanbestedende dienst vraagt

The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. As the Competent Authority for audit in the UK, we set auditing and ethical standards and monitor and enforce audit quality. The FRC requires Research Services to examine how uncertainty and variability in estimated defined contribution pension income can be communicated clearly and effectively to savers. The contract will cover three work areas: • A targeted review of relevant academic and professional research. • Development of evidence-based wording, narratives, presentation formats and visualisations, informed by behavioural science. • Empirical testing with DC savers, using an appropriate balance of quantitative and qualitative methods and inclusive research design. The supplier will be expected to understand saver behaviour and key pension-planning risks, including investment, inflation and longevity risks. Deliverables will include interim outputs, communication mock-ups and a concise final report setting out the methodology, analysis, results, conclusions and limitations. The anticipated contract period is January to October 2027. The FRC has undertaken preliminary market engagement for this procurement. The findings from the preliminary market engagement is contained in the Appendix within the Invitation to Tender (ITT). PLEASE REFER TO THE INVITATION TO TENDER (ITT) FOR FULL DETAILS INCLUDING HOW TO SUBMIT YOUR TENDER

Taal van deze aankondiging: English. Titel en beschrijving tonen we precies zoals de aanbestedende dienst ze heeft gepubliceerd.

How this compares

• This is one of 30 open tenders in Verenigd Koninkrijk for Onderzoek en ontwikkeling, en aanverwante adviezen.
• Its stated value is higher than 67% of the 30 open tenders in this category that state a value in GBP.
• Bidders were given 32 days from publication to the deadline; the median for open tenders in Verenigd Koninkrijk is 30 days.

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