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Emerson appoints LifeSight as master trust provider

1. LifeSight appointed by Emerson covers all member types in the pension scheme. 2. The appointment increases LifeSight's members to 430,000 and assets to £24bn. 3. Emerson emphasizes technology and member engagement in their pension review. 4. LifeSight provides a digital platform, enhancing communication and investment strategies. 5. LifeSight reduces governance burdens for employers managing pension schemes.

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Why Bullish?

The growth in membership and assets under management reflects positively on WTW’s prospects. Similar past affiliations have boosted stock performance.

How important is it?

The article highlights significant new business which could enhance WTW’s market reputation and financial performance.

Why Long Term?

Steady growth in managed assets is likely to have lasting benefits for WTW's financial health. This trend aligns with increasing demand for retirement solutions.

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EMRAON
August 27, 2025 06:00 ET  | Source: Willis Towers Watson US LLC 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 £24bn in assets under management secured. About LifeSightLifeSight 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 ContactJamie Kilduff: +44 (0)20 7170 3746 |   jamie.kilduff@wtwco.com

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