On the go: The Pensions Regulator has announced the appointment of Charles Counsell as its new chief executive.
Counsell will lead the watchdog as it implements its “clearer, quicker and tougher” approach to pensions regulation.
He is currently chief executive of the Money Advice Service, and was previously executive director of automatic enrolment at the regulator.
His role involved designing and leading the delivery of the auto-enrolment programme, which has resulted in nearly 10m more people saving into a workplace pension.
Mark Boyle, chairman of the regulator, said: “I am delighted that we have appointed someone of Charles Counsell’s calibre to drive forward our significant change programme."
He added that current chief executive Lesley Titcomb “has done a superb job over the last four years in driving the transformation of TPR”.
Counsell will join the watchdog at the start of April 2019, following the departure of Titcomb at the conclusion of her term at the end of February.
“We are now a very different organisation and I want to thank her for all that she has achieved,” Boyle said.
Counsel said: "It is such an exciting time to join TPR and I relish the challenge and opportunity to work with a great team to make a real difference for savers.”
Pensions and financial inclusion minister Guy Opperman said Counsell “has outstanding pedigree and a wealth of experience, and I’m looking forwarding to working with him".
