The Tracing Group launches innovative new service – Size of The Prize

We were recently delighted to attend, and speak at the Pensions Age Spring Conference, held in London on 18th April.

Our MD Danielle Higgins, spoke about the profound impact that high quality data can have on pension schemes and introduced our solution to this, a brand-new service called ‘Size of the Prize’.

Our valued client Sara Leacroft, Head of Pensions Operations at Smith's Group Ltd, joined Danielle on stage to talk about the enormous benefit they had seen from our service.  Sara worked closely with our team here at The Tracing Group as we conducted a thorough data cleanse as part of a wider ‘pathway to buy-out' project.  The incredible results we were able to achieve through forensic tracing meant that Smiths’ were able to reduce their liabilities by a huge £50Million across 2 schemes.

Sara commented ‘This was a hugely material factor, potentially significant enough to tip the scales in being able to secure a final buy in on one of the schemes.  Working with The Tracing Group helped us ensure we were only paying for insurance where it was needed.’

Entering data projects without understanding the scheme or the likely reward at the end can be risky, costly and time consuming.  We understand this and as a result have launched our innovative new service ‘The Size of the Prize’.

Signing up to this service means that we will analyse your schemes metadata and, using our extensive knowledge and experience, will provide you with a report detailing our assessment of the potential savings that could be made.  You are then free to decide whether to use our service to carry out the work, or to do this in-house, but will have a clear understanding of both the costs involved and the potential savings i.e. the ‘Size of the Prize’.

Click here to contact us now for a free no-obligation ½ hour virtual meeting to discuss the next steps and find out the potential size of your prize.