Step inside the L&G master trust with Tegs Harding

In this week’s episode of the podcast, we speak to Tegs Harding, trustee chair of the Legal and General master trust’s investments committee.

Investment has been high on the master trust’s agenda. Tegs and her colleagues realise that members are better off when they take more risk for longer – and that has been a big theme of the changes they have been making over the last few years. They have introduced equities from earlier in the lifecycle, considering the length of members’ de-risking glidepaths and introducing private markets.

Tegs touches on the live discussion L&G are having around private markets in retirement – and why knowing only part of a member’s overall financial picture is a challenge.

More broadly, we talk quite a lot about investment advice and guidance, and Tegs shares some fascinating themes and observations from L&G’s retirement research with members, some of which may surprise you. We also touch on the impact AI could have on how members interact with their pensions.

Tegs talks about the L&G master trust’s net zero journey and why it’s vital for master trusts to look beyond paper-based decarbonization to build resilience and have real world impact.

It’s a great episode – enjoy!