Press releases

Legal & General Strengthens Pension Risk Transfer Team With Senior Appointment

Legal & General’s Pension Risk Transfer business has appointed Pretty Sagoo as Head of the Strategic Business.

25 May 2017


In her new role Pretty will be responsible for implementing large scheme pension buy-ins, buyouts and longevity insurance transactions in the UK as well as supporting schemes more generally in achieving their de-risking objectives.

Pretty joins from Deutsche Bank where she most recently led the Insurance and Pensions Solutions team. Prior to this Pretty held roles at AXA Sun Life and Goldman Sachs. She has been trustee for a UK pension scheme for the last six years and has a PhD in Physics from Imperial College London.

Pretty brings fifteen years of experience working across the banking and insurance industries working in asset allocation, de-risking, longevity risk management and most recently, Solvency II. Her technical and leadership experience will be a valuable addition to the team and further demonstrates Legal & General's commitment to the pension risk transfer market.

Chris DeMarco, Managing Director of UK PRT said;

"I’m delighted to welcome Pretty to the team at a time when trustees and sponsors of defined benefit plans are increasingly focused on transferring their risk to insurers. I am confident that Pretty’s experience and expertise will help us continue to deliver outstanding outcomes to our clients.”

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.