Merseyside Pension Fund, Liverpool, England, is searching for an investment consultant for the £4.8 billion ($7.7 billion) fund and an actuary for it and two other English local government plans, confirmed Paddy Dowdall, investment manager at Merseyside.
The successful actuarial firm will also provide services to the £4 billion Lancashire County Council Pension Fund, Fishergate, and the £1.3 billion Cumbria County Council Local Government Pension Scheme, Carlisle, according to the RFP.
Both the investment consultant and actuary RFPs are posted on European procurement website Tenders Electronic Daily.
Incumbent Mercer can rebid for both.
Proposals for both RFPs are due Feb. 17. Selections are expected in June. Questions should be sent by e-mail to Wirral Council procurement officer Tina Yu at [email protected] Wirral Council overseas the Merseyside fund.