O'Higgins to replace Norgrove at top of TPR

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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...

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