Pensions Regulator CEO to quit

Jenna Towler
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Bill Galvin, the chief executive of The Pensions Regulator (TPR), has quit.

He will leave at the end of June in order to take up a new role as group chief executive of the Universities Superannuation Scheme, the pension scheme for academics and university staff. Pensions minister Steve Webb said: "As TPR's chief executive he helped lay the groundwork for the introduction of automatic enrolment, he has worked with the industry on new standards for defined contribution pensions, as well as seeking to ensure the proper regulation of company pension schemes. I wish him all the best in his new role at one of the UK's biggest pension funds." The regulator will sh...

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