Durham County Council - Appointment of an Independent Person to the Pension Fund

Buyer

Durham County Council

Estimated value

£170k

Location

North East

Deadline

27 November 2026

Published

29 October 2026

Category

Pension services

Trade

Financial, insurance and legal services

Suitable for SMEs

Not flagged

View the official notice on Find a Tender

In plain English

Durham County Council requires an experienced independent pensions professional to provide governance, scrutiny, and challenge services for its local government pension fund. Bidders must be a sole trader or organisation with significant pension fund expertise, and the role involves attending five committee meetings annually.

Description from the notice

Durham County Council Pension Fund is seeking an experienced Independent Person. The role carries no delegated authority and does not affect statutory responsibilities. The Independent Person will provide independent expertise, scrutiny and challenge to support effective governance, oversight and decision-making. We are looking for a highly credible pensions professional with significant experience in pension fund governance, investment, funding and administration. This can either be a sole trader or an Organisation. Services will include review of investment, funding, governance and administration arrangements; scrutiny of advice, performance, risk, responsible investment and pooling; assurance on controls, conflicts, data, cyber resilience and continuity; attendance at Committee meetings; and support for agreed member development. Regulated investment advice is excluded. The successful supplier will play a key role in supporting good governance, effective decision-making and regulatory compliance across one of the largest LGPS funds in England and Wales. This is an exciting opportunity to influence strategic decision-making and contribute to the long-term success of the Fund on behalf of its Scheme members and Scheme employers. The core service includes attendance at five meetings in each annual cycle: four Pension Fund Committee meetings and one annual meeting