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

L&G becomes first pension provider to complete connection to dashboards ecosystem

L&G becomes first pension provider to complete connection to dashboards ecosystem

Provider finalised connection to the ecosystem today, in line with the DWP’s staged timetable

Holly Roach
clock 17 April 2025 • 2 min read
Most think pension funds will have 'widely adopted' AI by 2035, PLSA finds

Most think pension funds will have 'widely adopted' AI by 2035, PLSA finds

PLSA looks at the opportunities and risks of artificial intelligence

Jasmine Urquhart
clock 14 April 2025 • 1 min read
PASA publishes updated data readiness guidance for buy-ins and buyouts

PASA publishes updated data readiness guidance for buy-ins and buyouts

Revised guidance outlines the key data items insurers will consider to facilitate a successful transaction

Martin Richmond
clock 09 April 2025 • 2 min read
Trustpilot