WTW has launched its LifeSight solution for the French occupational pensions market.

The platform has been developed to enable employers to support their employees in the day-to-day management of their pension and employee savings schemes.

According to WTW's Global Benefits Attitude Survey 2024 survey, more than half of employees feel that they are not financially on track and rely mainly on company pension schemes to supplement their mandatory retirement.

LifeSight responds to this problem by offering employees a realistic, consolidated view of all their current assets so that they can optimise the management of their retirement and employee savings.

For employers, the aim is to help companies maximise the added value perceived by employees from the retirement and savings schemes offered to them.

The platform has five major functionalities: an aggregator tool, a decision support tool, an individual retirement balance (IRB), an information library and an independent tool for flexibility.

WTW director of corporate savings solutions, retirement and employee savings, Valery Bassong, said: "With pension reform in France, it's more crucial than ever to take control of your financial preparation for the future. The increasing complexity of pension schemes and the resulting uncertainties make proactive planning essential.

“With LifeSight, WTW is committed to offering comprehensive, bespoke solutions tailored to the current challenges faced by companies in developing and enhancing their employee savings and retirement offering, enabling them to strengthen their employer brand.”

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