What does HEAT do?
The LGPS has changed in the last decade, and the way funds account for employer asset shares needs to change in order to meet higher standards and expectations. Our ground-breaking and unique tool, Hymans Robertson Employer Asset Tracker (HEAT), was developed in partnership with two LGPS funds to give you the ability to track employer assets on a monthly basis making your valuations more accurate and transparent. HEAT also allows you to efficiently and flexibly operate different investment strategies, meeting the specific needs of all employers in a LGPS fund. Here's how it works:
I see HEAT as a transformational change, a springboard for future development on many fronts, facilitating improvements in terms of robustness of employer valuations, bespoke investment strategies, and potential joint working on the investment front.
Steve Taylor - Greater Manchester Pension Fund
What are the benefits of using HEAT?
Our clients told us they wanted to track employers' asset positions quickly and accurately and they needed to be able to offer different employers different investment strategies. The benefits of using HEAT include:
We use the latest advances in digital technology to enrich every aspect of our service. Our suite of LGPS bespoke tools are designed to help you manage your fund, communicate with your members and provide an excellent service to a growing employer base.