Research Services for Pensions illustrations: presenting uncertainty and variability

Description

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

Key facts

Procedure

Below threshold - open competition

Lots

1

How to submit

Further information on FRC can be found https://www.frc.org.uk/ PLEASE REFER TO THE INVITATION TO TENDER (ITT) FOR FULL DETAILS INCLUDING HOW TO SUBMIT YOUR TENDER IMPORTANT: • Please register your interest (and raise any tender queries) by emailing the FRC's procurement team - procurement@frc.org.uk • The FRC will share all tender queries and answers with those that have registered. • Your tender submission must be submitted within the deadline by email to procurement@frc.org.uk

Clarification questions by

16 Nov 2026, 12:00 GMT

Contact

Head of Procurement

Procurement@frc.org.uk

+442074922300

Value incl. VAT

£150k

Category

services