LONDON, April 19, 2023 – LifeSight, WTW’s DC master trust, has appointed Simon Katte to lead some of its largest client relationships in the UK. Joining from Legal & General Investment Management (LGIM), Katte will report to Head of LifeSight UK, Jelena Croad, and will be responsible for managing existing client relationships as well as taking on new clients as LifeSight continues to grow.
Before joining LifeSight, Katte was a Senior Client Director at LGIM and has also held management and CRM roles at Wealth at Work and the Financial Conduct Authority.
“LifeSight has grown significantly in the past 12 months but we remain disciplined about our growth.”
Jelena Croad | Head of LifeSight UK
Jelena Croad, Head of LifeSight UK, said: “We are thrilled to have someone with Simon’s client relationship experience joining our team as we continue to invest in the high levels of service and engagement that clients and their members receive from LifeSight.
“LifeSight has grown significantly in the past 12 months but we remain disciplined about our growth and intend to continue to work in partnership with a select group of employers who want to drive better value and engagement from DC pensions and financial wellbeing for their employees.”
LifeSight now looks after the pensions for 325,000 members with approximately £14.5bn of assets secured under management.
LifeSight is WTW’s master trust, a defined contribution multi-employer pension trust for employers who would benefit from high-quality, low-risk, market-competitive pension provision without the governance burden.
Running a defined contribution pension scheme is becoming complex and costly for a lot of employers. Governance is growing ever more onerous and schemes now have new pension flexibilities to contend with. Companies have struggled to find a high-quality alternative that has their employees’ needs at heart. LifeSight offers the best attributes of a trust in an outsourced arrangement. Our unique solution looks after the day-to-day running of the scheme, whilst an independent trustee board looks after the interests of your members.
LifeSight gives you access to our leading-edge digitalised platform, including the award-winning ageOmeter tool, and administration services. Combined with our proven expertise in investments and communications, LifeSight is the complete package.
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success.
The LifeSight Trustee Board is delighted to announce the appointment of Simon Ellis as its new Chair, effective 1st February 2023.
Onboarding requirements included members from a range of recently acquired organisations
