McCloud Remedy Solutions
Helping public service pension schemes on the road to McCloud compliance. Confidently. Efficiently. Painlessly.
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Navigate the McCloud challenge
The 2018 McCloud judgment has had a significant impact on public service pension schemes, creating a regulatory challenge for scheme administrators. Heywood is here to help. Our suite of McCloud solutions and unparalleled subject matter expertise can help LGPS and Police and Fire pension schemes comply with legislative changes.
With Heywood, you can confidently navigate the McCloud challenge. Our smart solutions reduce the operational burden, and ensure you meet tight timescales. And our in-house proficiency and fully managed services provide the support you need every step of the way.
With Heywood, you can confidently navigate the McCloud challenge. Our smart solutions reduce the operational burden, and ensure you meet tight timescales. And our in-house proficiency and fully managed services provide the support you need every step of the way.
Simple, cost-effective solutions
Ensuring complete compliance, and a smooth experience for affected members.
- Providing detailed analysis
Our dedicated McCloud data service provides schemes with a comprehensive analysis of member data. By identifying impacted members and missing information, we can help you make informed, compliant decisions. - Reviewing affected casework
We provide unrivalled support for reviewing and addressing McCloud-affected casework and benefits. This includes identifying impacts, modelling scenarios, prioritising members for remediation, and planning effective communication strategies. - Rectifying benefit calculations
Our solutions provide rectification of benefits, including considerations around additional contributions or underpayments. They ensure that benefit calculation rules automatically apply the McCloud judgment for future calculations.
Reasons to choose our McCloud Remedy solutions
Maximum compliance with legislative changes. Minimum stress to administer.
Fully managed services
Our fully managed services are specifically designed to alleviate the burden on day-to-day business operations.
McCloud data readiness dashboard
Our dedicated McCloud data readiness dashboard allows detailed analysis of member data and inbuilt validation, reducing your reliance on in-house analysis abilities.
Missing data and data correction
We can support the collation of missing data directly from the source – employers. And our data correction service helps to quickly update the correct data in member records.
Time-efficient tools
Our tools help you to meet the tight timescales associated with the data collection exercise and remedy implementation. Giving you fast insights into your potential exposure.
Dedicated support
We offer comprehensive support throughout your McCloud journey, including dedicated training, forums, and support channels.
Expertise. Guidance. Compliance.
Here at Heywood, we’ve been working with public service pension schemes for nearly 50 years. Over that time, we’ve developed a deep understanding of legislative requirements, including the recent McCloud Remedy. Our expertise is unparalleled.
We work closely with our customers, regulatory bodies, and industry groups to provide simple, cost-effective solutions. Helping you navigate the complexities. Ensuring a smooth and hassle-free experience for all affected members. And always providing you with the most efficient solutions.
We work closely with our customers, regulatory bodies, and industry groups to provide simple, cost-effective solutions. Helping you navigate the complexities. Ensuring a smooth and hassle-free experience for all affected members. And always providing you with the most efficient solutions.
Helping you navigate the complexities. Ensuring a smooth and hassle-free experience for all affected members. And always providing you with the most efficient solutions."
Data services resources
Giving you the insider view on all the latest industry developments, and expert intelligence on the news that matters.
Regulation
Pensions 2023 wrap up: From Mansion House to the King’s Speech and beyond, via the Autumn Statement
05
January,
2024
Who we work with
Our customer list speaks for itself. At Heywood, we believe a true partnership is a two-way street. Mutual trust and respect are at the core of every interaction. And that’s why we enjoy long-term partnerships with all of our customers.