David Fairs is joining LCP as a partner after serving as executive director of regulatory policy, analysis, and advising at The Pensions Regulator (TPR).
Fairs worked with TPR for four years, during which time he oversaw the implementation of a number of crucial policy proposals during a period of substantial upheaval and difficulty for the pensions sector. Both the new DB funding structure and the substantial new powers granted under the Pensions Schemes Act fall within this category. He held the position of pensions partner at KPMG prior to joining TPR.
Fairs will join LCP in April and will work closely with the company’s most important clients to guide them through the increasingly complex developments and issues that are affecting the sector, as well as support the company as it continues to grow and diversify its product offerings.
Fairs says: “The pension landscape is rapidly shifting and trustees and sponsors of schemes face a host of regulatory changes in a rapidly evolving world as people’s working patterns and finances change. I have long been an admirer of LCP and am excited to join a firm which has such a strong reputation for being people-centric, ambitious in its approach and not afraid to challenge the status quo.”
LCP CEO Aaron Punwani says: “David brings a wealth of experience and insight that will help our clients understand and tackle their most important challenges. In his role at TPR he was passionate about driving positive change to help protect savers and bring about better retirement outcomes, and we are delighted that he will be working with us to continue that mission.”
LCP head of pensions strategy Michelle Wright says: “We are at a pivotal time in our industry, where it is more important than ever that we’re able to look to the future to ensure our clients are well-positioned to react to policy developments on the horizon. David’s specialist knowledge, passion and influence make him perfectly placed to help drive LCP’s continued innovation, helping us to meet evolving client needs in an ever-changing pensions landscape”.