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Job description for chair of the Pensions Regulator

Strategic leadership responsibility for the Pensions Regulator. Chairing the regulator board, keeping under review the strategic direction of the regulator, and leading the regulator in the fulfillment of its legislative objectives and functions:
  • to protect the benefits under occupational and personal pension schemes of, or in respect of, members of such schemes;
  • to reduce the risk of situations arising from which may lead to compensation being payable from the Pension Protection Fund; and
  • to promote and improve understanding of, the good administration of work-based pensions schemes.

Chairing the committee of non-executive members, in order to discharge the non-executive functions of the regulator, including that therinternal financial controls secure the proper conduct of its financial affairs. 

Working with the regulator’s chief executive in ensuring that the internal operations of the Pensions Regulator are conducted effectively and with maximum efficiency toward achieving its objectives and functions; communicating on behalf of the Pensions Regulator with key stakeholders, and ensuring stewardship mechanisms are in place and operating effectively.

Appraising the performance of non-executive members of the board and the chief executive.