USS signposts members to LifeSight for drawdown

Becomes the first master trust to appoint another master trust for member services

Hope William-Smith
clock • 1 min read
USS members access will have access to their benefits via drawdown directly to a LifeSight account
Image:

USS members access will have access to their benefits via drawdown directly to a LifeSight account

Universities Superannuation Scheme (USS) has become what is believed to be the first master trust to appoint another master trust to carry out member services, signposting its savers to LifeSight for drawdown provision.

LifeSight - the Willis Towers Watson master trust - is a defined contribution multi-employer trust. The £82bn defined benefit USS scheme, which is also classified as a master trust, will use LifeSi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

Practical and technical strategies for handling pensions administration errors

Practical and technical strategies for handling pensions administration errors

Karla Bradstock says mistakes can remedied in a way that strengthens trust and improves processes

Karla Bradstock
clock 31 January 2025 • 4 min read
Cartwright launches employee rewards service

Cartwright launches employee rewards service

Consultancy launches service to provide bespoke packages to clients

Jasmine Urquhart
clock 27 January 2025 • 1 min read
TPR calls on industry to engage with open data competition

TPR calls on industry to engage with open data competition

Regulator says competition will offer opportunities to innovate on savers’ behalf

Martin Richmond
clock 24 January 2025 • 1 min read
Trustpilot