WTW completes acquisition of Cushon, becoming UK's 4th largest master trust pension provider.

WTW has finalized its acquisition of Cushon, a UK workplace pension and savings provider, after receiving regulatory approval. This deal strengthens WTW's position in the UK defined contribution pension market, managing over £30 billion in assets for 1.2 million members. Cushon will complement WTW's LifeSight master trust by expanding reach into the middle market, while LifeSight focuses on large companies. The acquisition aims to improve governance, innovation, and long-term value for employers and savers in the evolving pension market.