The Pensions Regulator has announced that it has appointed David Fairs as its new Executive Director for Regulatory Policy, Analysis and Advice. He will have numerous responsibilities including developing material to support the implementation of legislation relating to workplace pensions, Brexit, the 21st Century trustee initiative as well as being responsive to any other changes in the UK pensions landscape.
David Fairs comes to The Pensions Regulator from KPMG where he helps clients with the design, management and communication of pension benefits. He has extensive experience in the pensions sector, having had a number of external roles including Chairman of the Association of Consulting Actuaries and founding Chairman of the Joint Industry Forum for Workplace Pensions.
In his new role, he will lead a team of specialist advisors, including actuaries, lawyers, analysts and investment consultants as well as risk, research and analysis teams, all of whom support the full range of TPR's work.
TPR Chairman Mark Boyle said: "I am delighted David Fairs has been appointed to what is a pivotal role at TPR. The rapid pace of change in the pensions sector continues and David's strong background and deep understanding of pensions legislation will ensure we remain an active influencer and pragmatic implementer of Government pensions policy, in line with our mandate to protect workplace pensions.
"He will also be responsible for overseeing teams of professional advisers and researchers who play a vital role in supporting TPR's regulatory policy work and case investigations."
David commented: "I am really excited to be joining the TPR team. The opportunity to help with the drive for stronger governance and security of member benefits is something I feel passionately about."
Anthony Raymond, who filled the post of Executive Director for Regulatory Policy, Analysis and Advice on an interim basis will return to his role of General Counsel and Director of Legal Services. Image source