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.”
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.2 trillion in total assets under management* of which 39% is international. We have a unique and highly synergistic business model, which continues to drive strong returns. Legal & General provides powerful asset origination and management capabilities directly to clients, which also underpin our leading retirement and protection solutions. We are a leading international player in Pension Risk Transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Our purpose is to improve the lives of our customers and create value for our shareholders. Through inclusive capitalism, we are investing in long-term assets, such as real estate and infrastructure, that can help build a better society for the future.