Avoid reputational and regulatory risk by checking your pension scheme data is accurate and up-to-date
Providing continuous monitoring of your pension scheme common data, LexisNexis® Existence seeks to highlight changes in your members’ details at the earliest possible opportunity. This is the most beneficial and proactive approach to eliminate overpayments, prevent fraud, and keep in line with The Pension Regulator’s record keeping guidance.
As an automated existence check process, it requires minimum resource from the client’s perspective while providing maximum protection. Alternatively, we can screen your entire member database on an ad-hoc, one-off basis.;
Existence employs the latest mortality and gone away databases which seeks to highlight changes in your members’ circumstances. The frequency of our data updates means we can provide weekly, monthly or quarterly notifications of changes.
Contact us today to find out more.
Automatic existence checks seeks to identify changes in your data by combining address verification with mortality screening
Living As Stated
Unverified
Gone Away
Deceased
