Her appointment reflects L&G's continued focus on helping pension schemes secure their members' benefits for the long term, while providing trustees, sponsors and advisers with the expertise, support and certainty they value. As schemes increasingly look beyond pricing alone, greater emphasis is being placed on execution certainty, transition support and member experience when selecting an insurer. Throughout her career at L&G, Rachel has built a reputation for understanding clients' objectives, solving complex challenges and helping schemes achieve positive outcomes for their members. In her new role, she will lead the team responsible for supporting schemes through the transaction process, working across origination, execution and the wider business to help deliver a joined-up journey for trustees, sponsors, advisers and members.
John Towner, Managing Director, PRT, Institutional Retirement, L&G, said: “Rachel's appointment reflects the strength of talent within our business and the strong reputation she has built across the market over many years. She combines deep technical expertise with strong commercial judgement and is highly regarded for her ability to build trusted relationships, understand clients' objectives and help them navigate complex challenges. Rachel has played a key role in a number of our most important transactions and consistently demonstrated a client-focused, solutions-oriented approach. Her leadership will help ensure we continue to deliver the high standards of service, responsiveness and support that clients value from L&G, while maintaining our focus on positive outcomes for members."
Rachel Cutts, Head of Origination and Execution, Institutional Retirement, L&G, commented: "As the PRT market continues to grow and becomes increasingly sophisticated, clients are looking for a partner that can deliver expertise, certainty and a seamless experience throughout the initial buy-in transaction, the journey to buyout and beyond. Over my nine years at L&G, I've seen first-hand the strength of our team and the value of combining market-leading execution with long-term support for clients and pension scheme members. I'm looking forward to leading the Origination and Execution team and building on that strong foundation."
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