LifeSight Ireland appoints Julie Davenport as Independent Director
LifeSight Ireland is WTW Ireland’s defined contribution master trust pension solution for employees and employers
03/11/2023 – LifeSight Ireland Trustee DAC (LITD), trustee to WTW Ireland’s defined contribution master trust pension solution for employees and employers, has announced the appointment of Julie Davenport as Independent Director.
In her new role, Julie will join as the LifeSight Ireland master trust continues to grow, with €2 billion committed to be invested before the end of 2023. The LifeSight master trust enables employers to benefit from high-quality, lower risk, market-competitive pension provision without the governance burden for trustees. LifeSight uses simple-to-use online and mobile support tools as well as global and local experts to actively improve members’ retirement outcomes.
With over 40 years of experience in the financial services industry in Ireland and the US, Julie has held senior executive positions in large multinational organisations with roles in technology delivery, middle and back office operations, and risk and compliance. With extensive experience in large scale technology programme management, service delivery and strategic planning and organisational development, Julie has served on multiple boards.
Commenting on the appointment, Maria Quinlan Head of LifeSight Ireland, said: “This is an important appointment for LifeSight Ireland, and I am delighted to welcome Julie to the team and the existing independent trustee company. Julie has a proven track record and key insights in improving members’ engagement, understanding and retirement outcomes in Ireland.
“Independence is a strong part of our proposition, which is reflected heavily in our investment approach and advice to members, and is now enhanced by the appointment of further independent directors.”
Speaking about her new position, Julie Davenport said, “One of the key things that attracted me to LifeSight Ireland was their commitment to providing independent investment advice at a competitive price and scale. My main priorities are enhancing the relevance of the decision making and evaluation tools for members, providing transparency on costs, and continually focusing on enhancing member’s ability to achieve appropriate retirement outcomes.”
About LifeSight
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 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 members.
LifeSight gives 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 WTW
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.
Learn more at wtwco.com.
Media Contact
David Kinch| +353 86 232 2439 | david@mkc.ie
