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...
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