Emerson appoints LifeSight as master trust provider
Rhea-AI Summary
WTW's (NYSE:WTW) LifeSight, a UK defined contribution master trust, has been selected by Emerson as its comprehensive master trust provider. The transition, completed in April 2025, follows LifeSight's initial engagement as Emerson's Drawdown solutions provider in 2020.
The implementation has notably increased member engagement through LifeSight's mobile app and communications approach. With this addition, LifeSight now manages over £24 billion in assets and serves 430,000 members.
Positive
- Expansion of LifeSight's member base to 430,000 members
- Growth in assets under management to over £24 billion
- Successfully retained and expanded existing client relationship from 2020
Negative
- None.
News Market Reaction – WTW
On the day this news was published, WTW declined 1.17%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LONDON, Aug. 27, 2025 (GLOBE NEWSWIRE) -- LifeSight, WTW’s UK defined contribution (DC) master trust, has been appointed by advanced electronics company, Emerson, to cover all active, deferred and drawdown members.
Emerson appointed LifeSight as its full master trust provider in October 2024, having originally engaged LifeSight to provide Drawdown solutions in 2020. LifeSight went live to Emerson members on 1st February this year and all asset transfers were completed by April. LifeSight’s appointment was intermediated by Muse Advisory.
Technology and member engagement were particularly important areas for Emerson, with LifeSight’s communications approach and mobile app providing an important boost to member engagement in their retirement savings.
Phil Lamb, Pensions Manager at Emerson, said “Having conducted a thorough review of the market we were very pleased to appoint LifeSight as our DC master trust provider. Its investment strategy, member communication and market-leading technology all stood out as the best fit for our members. LifeSight’s app has proven to be particularly popular with members since roll-out began, helping to increase engagement levels during this important transition.”
Jelena Croad, Head of LifeSight UK, said: “We have enjoyed a very strong relationship with the Emerson Pension Scheme since being appointed as Drawdown provider five years ago so we are delighted to have taken on full master trust responsibility for the scheme now too. The Emerson team have a very clear view of their members’ needs and conducted a thorough review of the market to find the right provider, so it’s a real endorsement to have been chosen to manage its members’ retirement savings.”
The addition of the Emerson Pension Scheme’s membership takes LifeSight to 430,000 members and over
About LifeSight
LifeSight is WTW’s master trust, a defined contribution multi-employer pension trust for employers who would benefit from high-quality, low-risk, market-competitive pension provision without the governance burden.
Running a defined contribution pension scheme is becoming complex and costly for a lot of employers. Governance is growing ever more onerous and schemes now have new pension flexibilities to contend with. Companies want to find a high-quality alternative that has their employees’ needs at heart. LifeSight offers the best attributes of a trust in an outsourced arrangement. Our unique solution looks after the day-to-day running of the scheme, whilst an independent trustee board looks after the interests of your members.
LifeSight gives you access to our leading-edge digitalised platform, including the award-winning ageOmeter tool, and administration services. Combined with our proven expertise in investments and communications, LifeSight is the complete package.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success.
Learn more at wtwco.com.
Media Contact
Jamie Kilduff: +44 (0)20 7170 3746 | jamie.kilduff@wtwco.com
FAQ
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