Legal & General has appointed Linda Whorlow, former managing director of Aegon’s workplace savings business, to its Independent Governance Committee.
Whorlow held this role at Aegon for five years, before taking retirement in June 2024. Prior to this Whorlow held a number of specialist leadership roles in both the DC and DB sector, and has also worked across third party administration and actuarial consulting services. She is also currently a non-executive board member of Broadstone Employee Benefits.
Whorlow will replace Rachel Brougham on L&G’s ICG. Brougham has served as a member of the committee since its inception in 2015.
The L&G IGC produces an annual assessment which calculates the value for money that members receive from their pension across eight categories. Last year’s assessment found that members are receiving good value for money, rising to excellent in some areas. The committee’s next annual report will be published at the end of September.
Whorlow says: “As one of the largest providers of workplace pensions, it’s a very exciting time to be joining Legal & General’s Independent Governance Committee. Engaging with members and ensuring they save enough for their futures is an increasingly important social issue. I am looking forward to bringing my passion and enthusiasm for financial wellbeing to the committee’s discussions.”
L&G head of defined contribution Rita Butler-Jones adds: “[Whorlow’s] wealth of experience will greatly support the IGC in delivering on their responsibility to assess whether members are receiving value for money when it comes to their pension. We welcome her to the committee and look forward to working with her as we continue to scale our ambitions in workplace pensions.”
Joanne Segars, chair of the L&G Independent Governance Committee says: “[Whorlow’s] industry experience will be invaluable to us in evaluating the value for money members receive.” She also thanked Brougham for the work she had contributed to the IGC over recent years.