Heywood’s technology-enabled solutions are driven by data and innovation. And our dedicated team is made up of genuine pension specialists. We bring unique technology solutions to your whole de-risking journey, allowing you to operate at maximum efficiency. Freeing you up to carry on with business as usual.
Heywood can help navigate you through all the checkpoints for a smooth and efficient de-risking journey including powerful data management, high speed benefit calculations and effective member communications. Using 70+ data sources covering 56.3 million UK adults, you can be assured our data cleansing and tracing services will provide you with the most up-to-date data for members.
ITM is the market-leading independent specialist provider of data, systems and consultancy services.
ITM are data experts with over 20 years of experience providing specialised knowledge, technology and consultancy support to the pensions and insurance industry. ITM are also pension administration system specialists, providing technology services to the pension industry via their Open, P3, PenScope and Aviary software solutions. They also provide an Integrated Service Provider, Pension Fusion and dashboards data readiness solutions for pension schemes that need to connect to Pensions Dashboards.
ITM focus on helping clients comply with regulations, reduce risk, save money, and provide their customers with a better experience.
Target Professional Services has over 35 years’ experience in being an industry leader in both corporate and personal trace solutions for pension schemes and financial services.Our innovative services help reduce the liability of inaccurate records, help save time, and are always cost-effective. Whether you are an international corporation or small pension fund, we work with each client to develop a project that suits your needs. Target offers an encrypted service as standard, as well as leading biometric technology through our sister company mypensionID
The Pensions Administration Standards Association (PASA) has been created to provide an independent infrastructure which will set, develop, guide and assess administration standards.
PASA will act as a focal point and engage with industry and government to create protocols for understanding good administration - but also appreciates there is no one size that fits all. PASA will develop evidential accreditation practices which will allow benchmarking across and between the industry regardless of how the administration is being delivered.
As well as raising the profile of pension administration generally, PASA will focus on three core activities.1. Defining good standards of pensions administration relevant to all providers, whether in-house, third party or insurers2. Publishing Guidance to support those standards3. Being an independent accreditation body, assessing the achievement of good standards by schemes (regardless of provider)
There is no organisation providing such services across schemes, yet there is a demand for evidence of service quality from scheme trustees, sponsors, administrators, insurers, scheme members and regulators.