Michael O'Higgins has been named as David Norgrove's replacement as chairman of The Pensions Regulator.
He will take over on January 1 for a three-year term. The salary for the post will be £57,000 for two days a week and there is no entitlement to bonus payments. O'Higgins has been chairman of the Audit Commission since October 2006, and is also a non-executive director of HM Treasury and chairman of the Treasury group audit committee. Outlining his priorities, he says: "At the top of my in-tray will be helping employers get to grips with their new duties to auto-enrol staff from 2012, that all types of pension scheme are well run with members' interests at the centre, and that risks t...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes