LifeSight Master Trust has onboarded 2,500 members and £125m in defined contribution (DC) scheme assets after taking on the pension provision for Ricardo.
Fujitsu Pension Scheme has moved its defined contribution (DC) members into Willis Towers Watson’s LifeSight master trust, passing on full responsibility for the management of its members’ pension provisions.
Kim Kaveh speaks to LifeSight's two leading ladies about its journey to authorisation and achievements thus far.
Some 36% of trustees and pension directors are reconsidering the way they offer pension benefits in light of master trust authorisation, according to LifeSight.
Mercer Master Trust has sent off its authorisation application to The Pensions Regulator (TPR) taking the total number of submissions received and awaiting response to 12.
Willis Towers Watson's LifeSight is the first master trust to be granted authorisation by The Pensions Regulator (TPR).