88: Stepping stones to end-game: a DB-focused podcast with Lisa Purdy (Head of Fiduciary Distribution) and Pretty Sagoo (Head of Pricing and Execution)

2018 was a record year for pension scheme bulk annuity transactions, with nearly £25bn of deals, and this trend will have continued into 2019 too. According to a survey by AoN Hewitt, the time for schemes to reach their end‐game target is currently less than ten years.  Every pension scheme is different, so even if schemes are targeting the same solution, they will need their own bespoke action plan to fit their own circumstances and move them on their journey towards end‐game. While there may be some uncertainties, there are practical steps that schemes can take to navigate the twists and turns more smoothly.  In this episode, we talk to Pretty and Lisa about why end-game is so important for pension schemes at the moment, the state of the buyout market, and what schemes can to in order to prepare for a buyout. Featuring: Lisa Purdy, Head of Fiduciary Distribution Pretty Sagoo, Head of Pricing and Execution, PRT Alyssa Ford, Institutional Content Manager We want to hear from you! Email us at [email protected] with your thoughts on the podcast and any suggestions of the guests or types of content you’d like to see covered.   This podcast is intended for investment professionals, and shouldn’t be shared with a nonprofessional audience. This podcast should not be taken as an invitation to deal in Legal & General investments. Any views expressed during this recording belong to the individuals and are based on market conditions at the time of recording, and do not reflect the views of Legal & General Investment Management. Legal & General Investment Management is authorised and regulated by the Financial Conduct Authority. Legal & General Investment Management, One Coleman Street, London, EC2R 5AA. Register in England no. 2091894. All rights reserved. No part of this audio may be reproduced in whole or in part without the prior written consent of Legal & General Investment Management