Legal & General expands Pension Risk Transfer team with senior appointment
Legal & General’s Pension Risk Transfer business has appointed Frankie Borrell (photo, right) as Business Development Director.
Frankie’s focus will be on servicing the small to mid-sized pension scheme market, with a particular emphasis on developing innovative solutions to meet the needs of clients in a rapidly developing market. Frankie’s experience in this sector will be a valuable addition to the team and further demonstrates Legal & General's commitment to the pension risk transfer market.
Frankie joins Legal & General from Partnership where he worked in their bulk annuity team, with previous roles at Just Retirement and in KPMG’s corporate pensions teams, thereby bringing a wealth of experience.
Phill Beach, Head of Core Transactions, at Legal & General said: "I’m delighted to welcome Frankie to the team at a time when trustees and sponsors of defined benefit plans are increasingly focussed on de-risking. I’m confident that the strength and depth of the Pension Risk Transfer team will result in many innovative transactions being completed over the coming months and years, and I’m delighted Frankie will be playing a key role in this."
For more information please contact:
Head of Group Corporate Communications
t: +44 (0) 2031 242095
m: +44 (0) 7515 324001
Background on Legal & General
The Legal & General Group, established in 1836, is one of the UK’s leading financial services companies. As at 31 December 2015, the total value of assets across the group was £746.1 billion, including derivative assets. We also had over nine million customers in the UK for our life assurance, pensions, investments and general insurance plans.
Legal & General has been an active participant in the insurance solution pension de-risking market for nearly 30 years and was named the best de-risking provider at the Financial Times’ Pension and Investment Provider Awards 2015 and the Engaged Investor Trustee Awards 2015.
Legal & General offers a range of de-risking solutions, which includes buyout, buy-in, longevity insurance and liability-driven investment (LDI), to pension schemes of all sizes. Legal & General has expertise in investment management, all aspects of defined benefit provision as well as an in-depth understanding of mortality trends and longevity risk. Corporates, trustees or advisers looking for further information on the pension scheme insurance de-risking solutions available from Legal & General should call the Pension Risk Transfer team on 020 3124 2273.
The information contained in this release is intended solely for journalists and should not be used by consumers to make financial decisions.
Legal & General Assurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Legal & General Assurance Society Limited. Registered address: One Coleman Street, London EC2R 5AA. Registered in England No 166055.