McCloud Remedy Solutions
Navigate the McCloud challenge
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. Annual Benefit Statements (LGPS) and Remediable Service Statements (Police and Fire)
Ensure schemes meet legislative requirements for clearly communicating McCloud remedy benefits to members annually, providing compliant, accurate data ready for dashboards integration.
Understanding the McCloud Remedy: A Practical Guide for Pension Administrators
This guide provides a practical overview of the McCloud remedy, how it applies across schemes, where deadlines currently stand, and why data remains the critical constraint on delivery.
Read in fullReasons to choose our McCloud Remedy solutions
Maximum compliance with legislative changes. Minimum stress to administer.
Fully managed services
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
Dedicated support
Expertise. Guidance. Compliance.
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.
Data services resources
Giving you the insider view on all the latest industry developments, and expert intelligence on the news that matters.
Who we work with
Other pension software and technology from Heywood
Altair - Pension Admin Software
Heywood
iConnect
The cost-effective, low-risk solution to data management. iConnect simplifies data interactions between employers and funds within a highly secure environment.
Data Quality and Enrichment Services
Our data solutions are designed to empower pension schemes. Our integrated services help optimise member data and deliver effective digital engagement strategies.
GMP Equalisation
solutions
Our tech-led solutions help ease the administrative burden of GMP equalisation, and ensure full compliance.
Pension calculations software
Calculations Manager is a standalone tool that can build your calculations to deploy anywhere – in your systems, in your portals or to run in isolation.