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LifeSight appoints Richard Everitt as Head of Implementations

Defined Contribution|Retirement

May 15, 2019

LifeSight, Willis Towers Watson’s DC master trust, has appointed Richard Everitt as Head of Implementations.

LONDON, 15 May 2019LifeSight, Willis Towers Watson’s DC master trust, has appointed Richard Everitt as Head of Implementations.

Richard has joined LifeSight’s Client Relations team, where his focus will be on successfully onboarding new clients into LifeSight; managing the process through appointment; member consultation; scheme set-up and asset transition; and then into business-as-usual activities.

Prior to joining LifeSight, Richard was Vice President at Goldman Sachs, where for 11 years he was EMEA pensions manager. There he was responsible for strategic advice on all EMEA pension and life assurance activity for 7,000 employees across 17 countries, managing all Trustee and governance board activity, and all key vendor relationships for both the firm and its trustees. This included the transition of £1.2 billion DC assets to a master trust.

His career in the pension industry spans 30 years, beginning at Spicer & Oppenheimer. He then moved to Headington Holdings before spending time at both Aon and Gissings, working in pension administration and consultancy.

Fiona Matthews, Managing Director of LifeSight said:

“We welcome Richard as the latest addition to our ging team, which reflects the number of significant client wins for LifeSight recently, bringing the total assets in the master trust to £4.5 billion. We’re expecting several large schemes with assets in excess of £1 billion to come to market over the next 12 months, as more organisations review their pension provision. Richard’s extensive experience in the master trust industry will be invaluable as we continue to offer members the highest quality outcomes and communication.”

Richard Everitt, Head of Implementations, LifeSight, said:

“Having spent three years performing an in-depth exploration of the master trust market, I saw that joining LifeSight would take me to the best in the industry. I have been hugely impressed by LifeSight’s unrivalled member engagement and its forward thinking, outcome-driven investment strategy, including its default ESG allocation, so I am very much looking forward to becoming a part of LifeSight’s exciting future”.

About LifeSight

LifeSight is Willis Towers Watson’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 ging ever more onerous and schemes now have the 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.

About Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for gth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential.

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