Legal & General Investment Management has been appointed by LifeSight, Towers Watson’s master trust, to provide an investment platform and DC funds.
The platform and DC funds will be used to deliver investment options, managed by Towers Watson, to LifeSight members.
Fiona Matthews, managing director of LifeSight, said: “We went through a robust selection process and are delighted to have appointed LGIM based on its ability to offer the right range of core investment funds for Towers Watson’s investment managers to combine into the overall investment portfolios for our clients.”
Emma Douglas, head of DC distribution at LGIM, said: “LifeSight gave us a very detailed brief, and we are pleased to have met their exacting requirements along with being able to facilitate the flexibility and value they want to offer members.”
Adviser view
Rebecca Aldridge, managing director at Nottinghamshire-based Balance:Wealth Planning, said: “It is good that the firms have gone through a robust diligence process, and it is interesting to see developments such as this master trust in the market.”
