The £2m Northern Ireland Assembly pensions scheme has put out to tender for an additional voluntary contributions (AVC) provider.
The Belfast-based fund is receiving applications until May 11. The AVC plan will operate for concurrent members alongside its existing final salary scheme - established by former-Northern Ireland secretary Peter Mandelson in May 2000.
The active balanced brief is currently managed by Royal London Asset Management who was appointed at the end of February.
The 108-member scheme expects to finalise a decision by the beginning of June, and is advised by the Government Actuary's department.
By Janet Du Chenne
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.