RFP QuestBeta
OpenStage · award

Isle of Wight Council

Investment Pooling Advice

ValueValue not published
Deadline
Published1 Jul 2026
RegionNationwide
Who to contact
Lucy Chandler
lucy.chandler@iow.gov.uk
+44 1983821000

The procurement contact named on the official notice.

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The brief

Legal advice needed urgently on the 2026 Pension Bill and requirement to pool pension fund investments, via a pool company, with other pension funds.

We are in dispute with the investment pool company we wish to join over the status of our participation (shareholder or client only status).

We have reached a critical point with KC advice needed but will be in breach of the law on 30 June 2026.

The case is complex and we need to retain the lawyer who has worked on this for several months with us whilst she moves law firms (from Gowling to Keystone) on 1 July.

This is essential to support the pension committee in critical decisions and reduce risk to the pension fund from its breach of the law and provide a link to KC advice.

It will also need to go back to at least the Policy and Finance Committee for a final decision to join the company - and legal input is likely to be crucial to that decision.

Key requirements

What the supplier must deliver

01

The case is complex and we need

The case is complex and we need to retain the lawyer who has worked on this for several months with us whilst she moves law firms (from Gowling to Keystone) on 1 July.

02

This is essential to support the pension

This is essential to support the pension committee in critical decisions and reduce risk to the pension fund from its breach of the law and provide a link to KC advice.

03

It will also need to go back

It will also need to go back to at least the Policy and Finance Committee for a final decision to join the company.

Derived from the notice text — always confirm against the original documents.

Buyer intelligence

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Source & provenance
OCID
ocds-h6vhtk-06c12e
Stage
award · Awarded
Source
Find a Tender
Buyer ref
061695-2026
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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