LifeSight celebrates 10-year anniversary with five new appointments in 2025
London, 7 May 2025: LifeSight, WTW’s defined contribution (DC) master trust, celebrates its 10-year anniversary this month, cementing its position as one of the UK’s leading pension providers. Since launching in 2015, LifeSight has grown to include nearly half a million members and over £22 billion in assets under management (AuM). So far in 2025, LifeSight has already onboarded five new appointments, adding 20,000 new members with an estimated £800m in AuM.
Over the past 10 years, LifeSight’s success has been based on three main areas:
Strong independent governance, demonstrated by LifeSight’s independent Trustee Board which oversees every major decision to make sure that members interests are best served.
Member engagement has been a key priority to make sure that the technology, tools and resources available to members are easy to understand, engaging and valuable to their needs. For example: the LifeSight ageOmeter tool which helps members easily model when they can afford to retire; a mobile app that allows members to access their accounts from any device; and a personalised video for each member explaining their annual pension statement.
Long-term sustainable investment returns, driven by WTW’s institutional investment expertise. For the year-end 2024, LifeSight has been named* as one of the top performing UK pension providers for investment returns for younger savers, based on innovation and diversification. For example, last year LifeSight invested in a private equity LTAF, to provide DC savers with access to diversified private market investment.
This focus on strong governance, member engagement and sustainable investment returns led LifeSight to become the first master trust to be authorised by the Pensions Regulator in 2019. Since then, LifeSight has grown steadily to become one of the largest master trusts in the UK.
Simon Ellis, Chair of Trustees, for LifeSight, said: “LifeSight has had a remarkable journey so far, based on its strong commitment to members and desire to make pensions saving easier to understand and more engaging. LifeSight is well positioned to continue innovating and engaging pension scheme members for the next decade and beyond.”
Jelena Croad, Head of LifeSight UK, said: “We are incredibly proud to celebrate LifeSight’s 10-year anniversary. Over the past decade, we have grown from a new entrant in the market to one of the UK’s leading pension providers, with nearly half a million members and over £22 billion in assets under management. Our success is a testament to our unwavering commitment to strong governance, member engagement, and sustainable investment returns. We are excited to continue this journey and look forward to serving even more members in the years to come.”
LifeSight milestones since inception:
• 2015: LifeSight launched as a UK master trust with an independent Trustee board
• 2018: LifeSight is the first master trust to introduce ESG investment strategy in the default fund
• 2019: LifeSight is the first UK master trust to be authorised by the Pensions Regulator
• 2019: LifeSight mobile app launched
• 2021: LifeSight reaches £10bn in AuM, and 225,000 members
• 2021: LifeSight announces $1bn investment in new Climate Transition Index Fund
• 2022: LifeSight launches new objective-based post-retirement investment options for members
• 2023: LifeSight launches personalised online carbon footprint tool for members
• 2024: LifeSight invests in UK private equity LTAF
• 2024: LifeSight reaches £22bn in AuM and over 425,000 members
Notes to editors
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 members 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.
Media Contact
Jamie Kilduff: +44 (0)20 7170 3746 | [email protected]
