Determine the risk of undeclared marriages within your pension scheme data
Understanding a Pension Scheme’s full exposure to risk is vital for any trustee or scheme sponsor. With additional data available at our fingertips, we are able to help strengthen actuarial projections and potentially remove adverse insurer margins.
LexisNexis® Risk MSP is a data enrichment product for life and pensions organisations that need to understand the potential additional risk within their scheme attributable to the marital status of their members. The pension de-risking service is available either as a managed solution or available within our online data management portal.
We provide our standard management information (MI) report that includes the following classifications for each member:
Married - spouse identified
Living as married - living with partner of the opposite sex
Living as family - living with family members, spouse not recognised
Same sex cohabitee - living with a same sex occupant
Multi household - living with multiple other occupants
Living alone - living as sole occupant
Widowed - spouse deceased
Unknown - marital status prediction was inconclusive
Who is LexisNexis® Risk MSP aimed at?
Pension schemes, and in particular those with an ‘end game plan’
Scheme disclosure under FRS17, IAS19 and IFRS accounting guidelines
