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Soper to take on pensions role with PwC

Ref: PN15-32
Friday 17 July 2015

Stephen Soper, The Pensions Regulator’s executive director for defined benefit (DB) regulation, is to join PwC following more than six years at the regulator.

Mr Soper leaves at the end of the month to take on the role of senior pensions adviser within PwC’s pensions credit advisory team, from September.

The regulator’s Chair Mark Boyle said:

“Stephen Soper has achieved an immense amount during the last six years.

“Under Stephen’s leadership of DB, the regulator has achieved landmark case outcomes that have boosted the security of members’ pensions, including last year's £184 million settlement for the Lehman Brothers Pension Scheme.

“The regulator’s voice is now heard with much greater clarity as a result of Stephen championing transparent casework reports and publication of an annual guidance statement on the funding of DB schemes.

“In particular, I would like to thank him for his strong leadership as interim chief executive, during a period which saw a significant expansion in the organisation’s remit and the roll out of the first phase of automatic enrolment. We wish him well in his future role.”

Editor's notes

  1. In order to manage any actual or perceived conflicts of interest, Stephen Soper has ceased to be involved in The Pensions Regulator’s casework activity.
  2. The Pensions Regulator is the regulator of work-based pension schemes in the UK. Our statutory objectives are: to protect members’ benefits; to reduce the risk of calls on the Pension Protection Fund (PPF); to promote, and to improve understanding of, the good administration of work-based pension schemes; to maximise employer compliance with automatic enrolment duties; and to minimise any adverse impact on the sustainable growth of an employer (in relation to the exercise of the regulator’s functions under Part 3 of the Pensions Act 2004 only).

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