Jo Hill has been announced by The Pensions Regulator (TPR) as its new Executive Director of Strategy and Risk. The move comes as The Pensions Regulator has been given more powers and Hill will be responsible for ensuring that TPR's new clearer, tougher and quicker regulatory approach continues to effectively influence how it works with stakeholders across the pensions industry to protect workplace savers.
One of her main priorities will be The Pension Regulator's plan for more proactive oversight on an ongoing basis across both private and public defined benefit (DB) and defined contribution (DC) pension schemes. She will also take a lead in making better use of data to scan the wider horizon for emerging risks and plan accordingly.
Jo will join The Pensions Regulator in November from her current position with the Financial Conduct Authority where she is Director of Market Intelligence, Data and Analysis. This gives her a strong background in analysis, insight, supervision and enforcement.
Talking about her appointment, Jo Hill said: "I'm delighted to be taking on the role at such an important and exciting time for pensions regulation. Good pension provision is fundamental to a good quality of life in retirement and I'm looking forward to continuing to shape TPR's strategy and approach."
TPR Chairman Mark Boyle said: "I am extremely pleased Jo has been appointed to this key role at TPR. Under our TPR Future programme, we have made great strides in developing and implementing a new, more proactive culture and approach to regulation and I am confident Jo will ensure our clearer, quicker and tougher strategy continues to have an impact."
"The effective use of data in the early detection and mitigation of risks is crucial and through her wealth of experience and knowledge in this area, Jo will help maximise our effectiveness as we strive to make workplace pensions work for savers."
(Image source: ftadviser)