Pensions Regulator seeking Non Executive Directors

The Pensions Regulator (TPR) is the UK regulator of work-based pensions. It is a non-departmental public body established under the Pensions Act 2004. It is sponsored by the Department for Work and Pensions (DWP) and Parliament sets the legal framework within which it regulates.

TPR’s statutory objectives are set by Parliament and guide its regulation of a market that is expanding under automatic enrolment (AE) and evolving as new and flexible forms of saving and access to those savings are made available.   

TPR is responsible for:

  • regulating occupational defined benefit (DB) schemes and occupational defined contribution (DC) schemes, and for aspects of work-based personal pensions
  • maximising employer compliance with the employer duties and safeguards related to automatic enrolment into pensions.
  • a recently extended role in respect of public service schemes, regulating their governance and administration.

Leadership on multi-agency work on scams is an example of the increasingly prominent role TPR is playing in the national conversation around retirement savings.

Person Specification

DWP is now looking for three Non-Executive Directors (NEDS) to join the TPR Board. Each will operate effectively at Board meetings and discussions, drawing on their experience and expertise, and contribute to the development of TPR in a way that is supportive, collegiate and adds value. The successful candidates will be able to work as a team and have strong influencing and negotiating skills. They must also particularly contribute in at least one of the following areas:

  • Senior financial and commercial;
  • Senior general management;
  • Knowledge of pensions and wider retirement issues; and
  • Experience of working with employers, particularly small businesses.

The Board currently meets 9 times a year. Meetings will normally take place at TPR’s office in Brighton or in London.

Remuneration: £17,992
Time Requirements: The overall time commitment for each of the roles is likely to be around 26 days per year.
Closing Date: 22/08/2016
Interviews: 18th and 20th October 2016

How to Apply

  1. A CV with your education and professional qualifications and full employment history.
  2. An accompanying Supporting Letter (maximum 2 pages) – this is your opportunity to demonstrate how you meet each of the criteria set out on pages 5-6. You should aim to provide specific examples that demonstrate how your knowledge and experience matches each of the criteria, and which describe what your role was in achieving a specific result. Please ensure your full name, the role to which you are applying and the corresponding reference number for the post are clearly noted at the top of your letter.
  3. Public Appointment Monitoring Form. This form will not be disclosed to anyone involved in assessing your application. This form includes:
  • Personal information
  • Equal opportunities monitoring declaration;
  • Political activity declaration; and
  • Conflicts of interest declaration.

Please email your application to:

2016 TPR NEDs Candidate Pack Final 160701

OCPA Regulated

This post is regulated by The Commissioner for Public Appointments