Willis Towers Watson’s LifeSight master trust is one of the minority of defaults in the survey that already invests in funds adopting an environmental, social and governance (ESG) screening process. The master trust, which was launched too late in 2015 to have three-year figures for this survey, passed the £2bn milestone for UK assets in March this year, £900m of which are invested in the default. The default is invested in components from LGIM and HSBC, blended by Willis Towers Watson.

LifeSight has been rolled out globally and now manages $5bn for 100,000 people across five countries.

Members wanting to take more control over their investments can build their own investment strategy using WTW’s Flexicycle or choose from a range of self-select funds.

Communication is core to the proposition. The LifeSight AgeOmeter tool is designed to help members understand when they may be able to retire, while personalised communications are directed to the individual at appropriate times.

Members of LifeSight get access to a free of charge guidance service from HUB Financial Solutions about how to utilise their pot.

Data as of 31.03.18