Member Tracing and Mortality Screening

---

In accordance with recent guidance on record-keeping, as supplied by The Pensions Regulator, all pension trustees have a current need to focus on the quality of the member data that they hold. Where applicable, a data cleansing plan needs to be in place.

Our goal is to eradicate the risk caused by inaccurate or incomplete data. For you, cleansing your pension data will improve the quality of the information that you hold.

Extent of the issue

In each occupational scheme, the trustees are faced with problems relating to overpayment or continuing payment of pensions after the death of the pensioner member.

In addition, the volume of untraced members, especially in relation to deferred member records can be a headache.

Our services are specifically designed to ensure that members can be identified and verified at the address stated on your records or traced to a new address.

Our periodic Mortality Screening programme can help eradicate the problem of overpayments or fraud as a consequence of the death of a member by providing the trustees with the relevant data as to the death by regular screening, rather than being dependant on a representative contacting the trustees to advise of a death.

Core unclaimed pension funds

• Private pension plans
• Company pension schemes

Our offering

As innovative industry leaders we are able to offer a bespoke offering for you and your customers. Essentially we identify assets, trace their owners, and give back control of these funds. Elements of the process, which you can select depending on your needs, are as follows:

• Mortality ScreeningPeriod screening to identify all mortality records to reduce erroneous payments and fraud
• Our screening service covers the whole of the UK and , in addition, we offer mortality screening services in other countries including the US and Germany.

Member Tracing and Verification Services

• State-of-the-art technology and IDv services for tracing and verification of members circumstances
• Additional forensic tracing services for records that cannot be identified by electronic means Full Legal Document services including Death and Marriage certificates, Grants of Representation and Commissary records
• Multi-tier cleansing and onward address tracing services
• Access to additional mortality data not held in the public domain
• Comprehensive beneficiary / next of kin or executor ID verification services
• Full call centre support (where required)
• 24 hour customer support

Key benefits to you and your customer

• The service is free of charge to you; as costs are covered through investor fees
• Reduces record management cost
• Where applicable, re-establishes your relationship with your customer
• Provides you with refreshed leads for product cross-selling and marketing
• Reduces opportunity for financial and identity crimes
• Demonstrates your commitment to corporate and social responsibility
• Demonstrates best practice corporate governance
• Improves consumer confidence

Why Us?

• ProSearch has over 20 years of corporate heritage
• We are leaders in intelligent investor location with success rates up to 80%
• We have a highly innovative team of problem solvers
• Our in-depth knowledge of the financial registration business is the foundation of business

For further details of our services, or to discuss your company’s specific requirements, please contact us or download our Mortality Screening and Deferred Member Tracing brochures.

Campbell Scott
Caxton House
22 St Johns Hill
Sevenoaks
Kent
TN13 3NP

T +44 (0)1732 748 157
E campbell.scott@prosearchassets.com