Emerson selects LifeSight as full master trust provider

Electronics company, Emerson, has appointed WTW's UK defined contribution (DC) master trust, LifeSight, to cover all active, deferred and drawdown members.

LifeSight went live to Emerson members on 1 February 2025, with all asset transfers completed by April, bringing LifeSight to 430,000 members and over £24bn in assets under management secured. 

Emerson originally engaged LifeSight to provide drawdown solutions in 2020, later appointing the provider as its full master trust provider in October 2024. The appointment was intermediated by Muse Advisory.

The group said that 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.
 
“Having conducted a thorough review of the market we were very pleased to appoint LifeSight as our DC master trust provider," Emerson pensions manager Phil Lamb, said.

"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.”
 
Adding to this, Lifesight UK head, Jelena Croad, added: “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.”



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