The Department for Work and Pensions will shortly commence recruitment for a new Chair of The Pensions Regulator. Michael O’Higgins, the regulator’s current Chair reaches the end of his term in December, but has agreed to stay on for a further three months to help with the transition. The search for Mr O’Higgins’ successor will start soon. Minister for Pensions, Steve Webb said: “Michael has played a crucial role leading the regulator through a period of economic uncertainty and significant change for the pensions system. He has successfully overseen major initiatives including the launch of automatic enrolment, the preparatory work for the regulator’s new objective and the tackling of pension liberation fraud. I wish Michael every success for the future.” Chair of The Pensions Regulator Michael O’Higgins said: “This is an incredibly important sector to the economy - one that faces some real challenges, but also a sector where it has been my pleasure to meet many dedicated and hard working people who want to change things for the better. In particular, I would like to thank the staff at the regulator for their support during the past three years. I have agreed to continue until early next year to allow DWP to get my successor in place.” |
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