Solutions for the Pensions Sector
Enhance Your Pension Services with Data On Demand: Compliant and Accurate Data Solutions
In the evolving regulatory landscape of the UK, especially with the introduction of the Pension Dashboard Programme (PDP), it is imperative for pension providers to maintain precise and up-to-date customer contact information. Data On Demand understands the importance of compliance and offers a customer contact database specifically tailored to meet regulatory requirements.
Why Choose Data On Demand?
Our comprehensive and compliant customer contact database is designed to help you meet regulatory standards with ease. Partnering with us ensures your data is current and accurate, seamlessly integrates with the PDP, and minimizes the risk of non-compliance.
Benefits of Our Services
Accuracy and Currency
Ensure customer contact information is always up-to-date and accurate.
PDP Integration
Seamlessly integrate with the PDP architecture to enhance the user experience.
Risk Mitigation
Minimize the risk of non-compliance and associated penalties.
Pension Dashboard Initiative Requirements
- Data Matching: Improve data matching by ensuring more complete and accurate email and address information, supporting the connection of members with multiple pots and reducing ‘partial matches’. Key personal information can be appended or validated to help schemes become dashboard-ready.
- Data Quality and Accuracy: Enhance operational efficiency and member communication while complying with FCA regulations regarding member data accuracy.
- Member Communication: Facilitate efficient communication with members via digital channels by appending GDPR-compliant email addresses to member records.
Meeting the Pensions Dashboard Programme Requirements
The Pensions Dashboard Programme mandates that pension providers maintain accurate contact information, enabling connectivity between schemes and allowing individuals to view their savings in one place.
Four Essential Services from Data On Demand
- Email Integration: We assist ISPs by appending email addresses to customer records, crucial for linking individuals with multiple pots and facilitating communication during the pension dashboards roll-out.
- Deceased Service: Utilize government DDRI death data to identify deceased members, reducing fraud and preventing pension payments to deceased members.
- Automated Member Tracing: Leverage extensive data sources to trace members to new addresses when provided with historic addresses. This is particularly important for DB members where data is often outdated.
- Beneficiary & Spouse Tracing: Assist ISPs in tracing spouses or family members, essential for fund management and asset reunification when a member is deceased.
Discover what Data On Demand can do for your pensions business
By choosing Data On Demand, you ensure your pension services are compliant, efficient, and ready for the future. Let us help you navigate the complexities of the PDP and enhance your operational capabilities.
