Ensure your pension scheme data is accurate and up-to-date

Existence Checks

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Existence checks are commonly used in the Life and Pension industry to help determine that a scheme member is still living as stated, gone away or deceased.

Data accuracy is continuously under the spotlight from The Pensions Regulator, highlighting the obligation for pension schemes to preserve and maintain the quality and reliability of their common data. In addition, wrongful payments to deceased pension members cost pension schemes hundreds of millions of pounds per year. To alleviate the potential problems associated with data integrity, our existence check solutions deliver a proactive approach to improving and identifying any issues within your member database. Existence checks also offer an alternative to the obsolete and fraud-susceptible Certificate of Existence (COE) approach.

Contact us today to discuss your existence check requirements.

Protection from impersonation of deceased fraud

Existence checks strengthen a plan or scheme’s resistance to deception, such as impersonation of deceased (IOD) fraud where pension payments continue to be received by opportunistic individuals or organised fraudsters after the scheme member has passed away.

Our existence check solution combines mortality screening with address verification, improving your confidence that an individual or member is not deceased and lives at the stated address. We offer batch cleanse facilities when you need to conduct existence checks on a large volume of individuals, as well as an ongoing monitoring service offering the highest level of protection with existence checks as often as you require. Inevitably, lost or deferred members will need to be located with help from our deferred member tracing solutions.

Disclosure of Death Registration Information (DDRI)

We are one of a small number of companies licensed to receive DDRI data from the Identity and Passport Service. The feed gives notice of all deaths registered within the UK on a weekly basis, permitting data screening against the most up-to-date mortality information available. Supplemented with our existing mortality datasets that includes historic death data spanning back to 1976, our existence service delivers authoritative screening to combat fraud.

To find out more about our existence check services, contact us today.

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