Legal & General : appoints new trustee and Chair of Investment Committee to its Mastertrust

Tegs is a professional trustee at Independent Trustee Services (ITS), as well as a qualified actuary with more than 15 years of experience in the finance industry. She has previously worked in roles across investment consulting, asset management and retail banking.

As a member of the Association of Professional Pension Trustees (APPT) Committee on ESG and climate change, Tegs has worked with a number of schemes to help implement net zero targets across the industry. Her role at the APPT includes liaising with the Department for Work and Pensions and The Pensions Regulator on ESG issues, implementing a training programme for members and raising awareness of best practice within the association.

Having worked on schemes with large assets across a range of industries - implementing ESG policies as well as designing and implementing changes in investment strategies - Tegs will bring her strong technical expertise and independent support to all aspects of the investment process across the L&G Mastertrust.

She replaces Catherine Redmond, BESTrustees Limited, who is stepping down from the Board and her role as Chair of the Investment Committee at the end of this calendar year, after serving the L&G Mastertrust as a trustee for the past three years.

The L&G WorkSave Mastertrust is one of the largest authorised master trusts in the UK market, looking after the retirement savings of 1.64 million members.[1]

[1]Figure as at 1 November 2022