The Pensions Regulator has appointed three executive director to head up its new regulatory divisions following its restructuring.
All three are internal appointments with the roles held on an interim basis, while the regulator seeks applications internally and externally for permanent directors for these roles.
TPR has appointed Neil Bull as interim director of market oversight, Nina Blackett as interim director of strategy, policy and analysis, and Mel Charles as interim director of regulatory compliance.
The regulator says it has restructured its organisation in response to the rapidly evolving pensions landscape, which will see a more competitive marketplace for fewer, larger schemes.
Bull joined TPR in 2017 and heads the investment team which advises on investment issues in DB and DC pension schemes. He has previously worked in the commercial pensions sector for almost 30 years.
Blackett joined TPR in September 2023 as director of digital services. During this time, she has also been leading the shift in TPR’s approach to regulating master trusts, and implementation of multi-disciplinary teams.
Before TPR, she led the design and development of evidence-based interventions in healthcare and education across private, public and third sectors.
Charles has held many roles since he joined TPR in 2011, most recently as director of automatic enrolment, responsible for all aspects of the regulatory operation from communications and customer support to IT systems and enforcement. He is a member of the TPR executive committee and the TPR board.
TPR chief executive Nausicaa Delfas says: “These appointments are critical in accelerating the shift in our regulatory approach that will help us to protect, enhance and innovate in a changing pensions market, and become a more efficient and effective regulator.”
The interim appointees are expected to be in post whilst TPR recruits for the three permanent executive director roles.
Louise Davey continues to be a member of TPR’s executive team, leading the interim regulatory advice and analysis directorate, and continuing as a key spokesperson at industry events.