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Legal & General appoints Linda Whorlow to the Independent Governance Committee
Legal & General (‘L&G’) has appointed Linda Whorlow as a member of its Independent Governance Committee (‘IGC’), with effect from 1 September 2024. Linda succeeds Rachel Brougham, who has served as a member of the Committee since its inception in 2015.
3 Sep 2024
Linda has extensive workplace pensions experience having been in the industry for over 30 years. She was previously the Managing Director of Aegon’s Workplace Savings business for five years before retiring in June 2024.
Prior to this, Linda held several specialist leadership roles across the spectrum of Defined Contribution, Defined Benefit, Third Party Administration Services and Actuarial Consulting, beginning her career at Norwich Union (now Aviva). Linda is currently a Non-Executive Board Member of Broadstone Employee Benefits.
Joanne Segars, Chair of the L&G Independent Governance Committee: “I’m delighted that Linda has accepted our invitation to join the Committee following a robust recruitment exercise. Linda’s vast industry experience will be invaluable to us in evaluating the value for money members receive. I would like to thank Rachel Brougham for her dedication and unwavering support over the years. Rachel has been a valuable and well-regarded member of the Committee since its inception and we wish her well for her future endeavours.”
Linda Whorlow, new member of the L&G Independent Governance Committee: “As one of the largest providers of workplace pensions, it’s a very exciting time to be joining Legal & General’s Independent Governance Committee. Engaging with members and ensuring they save enough for their futures is an increasingly important social issue. I am looking forward to bringing my passion and enthusiasm for financial wellbeing to the Committee’s discussions.”
Rita Butler-Jones, Head of Defined Contribution at L&G: “Linda’s wealth of experience will greatly support the IGC in delivering on their responsibility to assess whether members are receiving value for money when it comes to their pension. We welcome her to the Committee and look forward to working with her as we continue to scale our ambitions in workplace pensions.”
The L&G IGC produces an annual assessment which assesses the value for money that members receive from their pension across eight categories. Last year’s assessment found that members are receiving good value for money, rising to excellent in some areas. The Committee’s next annual report announcing the results for this year’s assessment will be published at the end of September.
Further information
Will Throp
Communications Manager
Legal & General Investment Management
T: +44 (0)7791 899779
Notes to editors
Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY23) of which c40% (circa £0.5 trillion) is international.
We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.
As at 7 June 2024, we estimate the Group’s Solvency II coverage ratio to be 224%.
As at 11 June 2024, Legal & General has a market capitalisation of £14.6 billion.