- DB/Final Salary pension schemes de-risking -buy-ins, buy-outs, longevity insurance
- Alternative de-risking solutions – APP, ISS
- Pension scheme administration
- Re-insurance
(UK, USA, Canada, Bermuda and Ireland)
Press release
Legal & General Retirement Institutional Division announces new CEO
Legal & General Assurance Society Limited (“Legal & General”) today announced the appointment of Andrew Kail as the new CEO of Legal & General Retirement Institutional (“LGRI”), the Pension Risk Transfer (“PRT”) division of Legal & General. This was effective from 1 January 2022.
7 Jan 2022
Full press release
He succeeds Laura Mason, who has moved to become CEO of Legal & General Capital. Laura has successfully headed LGRI since January 2018, with the business recently announcing it had contributed 41% of Group profits in the first six months of 2021.
Andrew Kail joined Legal & General Retail Retirement (“LGRR”) in 2021, having previously spent 30 years at PricewaterhouseCoopers (“PwC”) in a wide variety of roles. As Head of Financial Services he led PwC’s 6,000 strong team in asset & wealth management, banking, insurance, and real estate, having previously worked in its audit, strategy, regulation and technology divisions.
Andrew Kail, CEO, Legal & General Retirement Institutional: “It is a great privilege to lead such a successful global team in the Pension Risk Transfer (PRT) markets. There are still significant opportunities for Legal & General to help pension schemes de-risk, in the UK and internationally, through collaboration, innovation and drawing on the strength of the Legal & General Group. We provide additional security and world class customer service to scheme members while investing their savings in their communities and their environment, levelling up local economies.”
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