Pensions savvy “helpful” for new UK regulator

UK – Knowledge of workplace pensions is only among the ‘helpful-to-have’ requirements for the chair of the new Pensions Regulator, according to the ad for the job.

Key requirements for the 100,000-pound-a-year job are setting strategy, “leadership and inspiration” and the ability to communicate, says the advertisement for the job which has appeared in a newspaper.

The ad continues that “it would also be helpful to have” experience in a regulatory environment, “a knowledge of work-based pensions” and an understanding of the way government operates.

“An ability to work under pressure,” would also be helpful for role, which is for a three-year term.

“This first pivotal role will provide a unique and challenging opportunity to develop and lead the setting up of TPR ‘the Pensions_Regulator’ and shape the strategic approach of this new high profile public organisation,” the ad says.

In July the government named Tony Hobman, the current chief executive of the Occupational Pensions Regulatory Authority, as CEO of the new regulator which is set to take over from OPRA.

At the time the government said the chair and board members of regulator would be appointed in the coming months.

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