Independent Member / Chair of the Dyfed Pension Fund and/or Powys Pension Fund
Powys County CouncilEstimated Value
Not specified
Deadline
17 August 2026
66 days remaining
Published
9 June 2026
Type
Not specified
Description
No description available for this contract.
AI Analysis
Powered by AI — always verify against official documents
Carmarthenshire County Council is looking to recruit an independent chairperson and/or independent member for their pension fund management committees (Dyfed and Powys Pension Funds). This is a governance role where you'd oversee pension fund decisions and ensure proper management of employee pensions across these Welsh local authorities.
Requirements
- Must be independent (not employed by or connected to the councils)
- Demonstrates knowledge and understanding of pension governance and investment principles
- Experience of working in a governance or board-level role
- Understanding of regulatory and compliance requirements
- Ability to challenge decisions constructively and ask relevant questions
- Time commitment to attend meetings (typically 4–6 per year for committee membership, additional for chair role)
- Enhanced DBS check (Disclosure and Barring Service)
- No disqualifying interests in the pension fund or councils
Key Tasks & Deliverables
- Attend and participate in quarterly Pension Fund Committee meetings
- Review and approve pension fund investment strategies and performance
- Oversee compliance with pension regulations and best practice governance
- Monitor the fund's financial health and value for money
- If appointed as Chair: lead committee meetings, manage agendas, and ensure effective decision-making
- Engage with fund officers, investment advisors, and external auditors
- Contribute to risk management and internal control discussions
How to Read This Tender
- 1This is a recruitment notice for a non-executive governance role, not a service contract — you're being employed/appointed as an individual, not bidding as a business.
- 2Look for the 'Person Specification' in full documents — it will detail the skills, experience, and personal qualities they're really looking for (often more revealing than the headline requirements).
- 3Note the time commitment carefully — pension fund roles require regular attendance and preparation; check whether this fits your availability before applying.
- 4Pension governance has become more regulated in recent years (Pensions Regulator, governance codes) — emphasise any relevant knowledge or training if you have it.
- 5The 'chair' and 'member' roles may be separate opportunities or bundled — clarify which role(s) you're interested in when you apply.
Tips for Small Businesses
- If you're a small business owner with governance or board experience (even from running your own company), this could strengthen your application — but you must genuinely understand pensions or be willing to learn quickly.
- This is not a contract you can subcontract or joint-bid — it's a personal appointment. However, it may offer modest honorarium (typically £2,000–£5,000 per year) or expenses reimbursement; check the full notice.
- Prepare a clear CV and cover letter showing specific examples of governance decisions you've made, risks you've managed, or complex topics you've grasped — pension committees want evidence of critical thinking, not just a list of roles.
Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
Abacare (Care Agency) Ltd
2 contracts wonlatest 10 Jun 2026 - 2
PEOPLE SUPPORT LTD
2 contracts wonlatest 10 Jun 2026 - 3
Q CARE LIMITED
2 contracts wonlatest 10 Jun 2026 - 4
Affinity Homecare Group
2 contracts wonlatest 10 Jun 2026 - 5
Llewelyn Support Services Ltd
2 contracts wonlatest 10 Jun 2026
Abacare (Care Agency) Ltd is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
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Buyer Profile
Powys County CouncilKey Dates
Published
9 June 2026
Submission deadline
17 August 2026
Notice type
UK3
Source
sell2wales
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