Independent Governance & Administration Advisory Services for Essex Pension Fund

About

Essex County Council awarded a contract to AON PLC for Independent Governance & Administration Advisory services to the Essex Pension Fund under the National LGPS Framework for Actuarial, Benefit and Governance Consultancy Services.

The estimated contract value is AUD 228,500 over the life of the contract, based on the schedule of rates tendered by the successful supplier.

The services include preparation for, attendance at, and participation in meetings of the Essex Pension Fund Strategy Board, Advisory Board, and other meetings; guidance on proper governance and administration; advice on best practice and compliance with relevant guidance, legislation, and regulations; preparation and delivery of training and presentations; assistance in developing governance and administration systems; provision of governance tools; review of in-house administration systems; advice on technical aspects of the LGPS; liaison with other professionals; and understanding the implications of the LGPS Asset Pooling agenda.