Bulk Annuities – The importance of accurate member data

With bulk annuity transactions at an all-time high, it is critical that member data is accurate and complete. Understanding the longevity of the member and their spouse is a vital factor when calculating future liabilities. From unknown marital status to changing circumstances, missing information will have a tangible impact on pricing calculations. Poor quality and incomplete data is viewed unfavourably in all aspects of pension scheme management and this is no different for insurers. This can result in higher transaction cost, delays and uncertainty. Please Join this session to understand how good preparation and improved data quality can support your end-game journey.