Helping trustees deliver efficient pension risk transfers

Insurers require clean, complete data for competitive quotations. Poor data slows transactions and impacts pricing. Heywood Passport validates and enhances your data, clearly presented through Insights dashboards, minimising transaction risks and data cleansing costs.

As streamlined risk transfer processes become common place, schemes and trustees are required to translate scheme data and benefit summaries into different risk provider templates. This task can be manual, intensive and expensive. Heywood Bridge and Forms leverage AI technology to automate and increase the accuracy of these translations.

Our powerful calculation engine swiftly corrects benefit data, enabling trustees to quickly assess liabilities and secure accurate BPA pricing. We handle challenges like historical inconsistencies, GMP equalisation and rectification, validating and correcting benefit data before transactions.

Bulk purchase annuity (BPA) transactions involve multiple stakeholders, demanding efficient coordination. Heywood Passport accelerates transaction readiness and proactively manages residual data risks, ensuring accurate liability assessment and smoother transactions.

Heywood Bridge efficiently imports data from multiple sources using customisable decision models. Automatic validation, correction and enrichment ensure accuracy and consistency. Reports and decision models streamline audits and migrations, saving valuable time.