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New Chair and four new members appointed to TPR's Determinations Panel

Ref: PN20-33

Issued: Tuesday 24 November 2020

The former Financial Regulators Complaints Commissioner, Antony Townsend, is to become the new Chair of The Pensions Regulator’s Determinations Panel (the Panel).

Mr Townsend, who joined the Panel in September 2018, will become Chair on 7 April 2021 and will succeed Andrew Long, who has held the post for eight years.

Four new members have also been appointed to the Determinations Panel, which is responsible for making formal decisions relating to cases where TPR seeks to use certain powers. They are Shrinivas Honap, Anne Fletcher, Megan Forbes and Stephen Mount. All will join on 1 January 2021.

TPR chairman Mark Boyle said: “I am delighted that Antony has been appointed to Chair the Determinations Panel, and in doing so will bring a real depth of regulatory skills, knowledge and experience to this important role.

“I am also very pleased that Shrinivas, Anne, Megan and Stephen will be joining as we strive to ensure the Panel has the skills and diversity to match TPR’s ambitious long-term strategy to build on its clear, quick and tough approach.”

From April next year there will be 10 members of the Determinations Panel. Current panel member Pauline Wallace has been reappointed for a second four-year term. In addition to Mr Long, current member Catharine Seddon will be stepping down in spring 2021 on completion of her second four-year term.

Antony Townsend said: “I am delighted to be taking on the role of Chair of the Determinations Panel. The current exceptional economic climate poses challenges for members of pension schemes, for the schemes themselves, and for the employers which support them. It is more important than ever that The Pensions Regulator continues to use its extensive powers wisely and fairly, and it is the role of the Determinations Panel to ensure that it does so. I look forward to contributing to that work.” 

Andrew Long said: “It is really pleasing that there have been such strong new appointments to the Panel to take it through the exciting next stage of TPR’s development. There was a very strong field of candidates demonstrating the keen public interest in the work of TPR and the Panel”.

The appointments have been made following full and open processes.

Notes to editors

  1. The Determinations Panel operates separately from other parts of the organisation, including the case teams, and is not involved in investigating cases.
  2. The Chair of the Determinations Panel reports to the Chair of TPR.
  3. All Panel appointments have a four-year term. Any re appointment for a second term must be decided by open competition.
  4. 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).

Biographies

Antony Townsend

Antony was appointed Financial Regulators Complaints Commissioner in May 2014 and stepped down in October 2020. He is currently the Acting Chair of the Professional Standards Authority for Health and Social Care, where he also chairs its Scrutiny Committee, and Chair of the Strategic Advisory Board of the Bar Tribunals and Adjudication Service. He is a trustee of South Warwickshire Citizens Advice.

He was formerly chair of the UK and Ireland regulatory board of the Royal Institution of Chartered Surveyors and a member of its Global Regulatory Board, chair of the regulatory board of the Association of Chartered Certified Accountants. He was the first chief executive of the Solicitors Regulation Authority from its establishment in 2006 until January 2014. He was also the General Dental Council’s chief executive from 2001-06. In the 1990s, Antony held a number of senior roles at the General Medical Council, including director of standards and education, and head of conduct. His earlier career was with the Home Office, where he worked primarily on criminal justice issues.

Megan Forbes

Megan is currently Chair of Ofgem Enforcement Decision Panel. Before this role Megan was the Deputy Chief Executive and Director of Operations at the General Pharmaceutical Council and prior to that she was at the Financial Conduct Authority (FCA). Megan’s responsibilities at the FCA have included leading the IT, finance, HR, communications and legal teams that support the FCA’s enforcement division. Prior to working for the FCA, Megan was Legal and Enforcement Partner at Ofgem, the regulator of the gas and electricity markets, where she led a major transformation of Ofgem’s approach to enforcement.

Shrinivas Honap

Shrinivas is a Chartered accountant by profession and served with Vodafone, Capita, KPMG and Egg during his executive career. He currently holds the following Non-Executive roles, Chair at DVSa, Non-Executive and Chair of Audit at UKAEA, Office of Legal Complaints, Office of the Public Guardian and Rural Payments Agency and LLRW. He also serves as a lay member for the Speakers Committee on IPSA and has previously served as Non-Executive in the NHS. Shrin has particular interests in large transformation programmes, Risk Management, Finance and Developing Technology.

Anne Fletcher

Anne is a lawyer who has spent most of her career in regulated industries, including as Group General Counsel for BT Group PLC, Compliance Director for Royal Mail PLC and Interim Director of Regulatory Compliance for Visa Europe. She has extensive UK and international legal, compliance, risk and governance experience. Anne is a panel member for the CMA and has been since October 2017. She is also a member of the CMA’s specialist utility panel and the Independent Member of the Audit & Risk Committee for the Office of the Public Guardian. Anne is also a former Trustee for Royal Mail Senior Executive Pension Plan and former Vice-Chair of BT Benevolent Fund.

Stephen Mount

Stephen is currently a member of the Regulatory Decisions Committee (RDC) of the Financial Conduct Authority (FCA), Chair the Audit Committee at Gama Aviation Plc (GAMA) and the Finance and Performance Committee at a major NHS Foundation Trust, and acts internationally as an expert witness on financial reporting, corporate governance and auditing matters. Stephen was formerly a member of the Audit Quality Review Committee (AQRC) at the Financial Reporting Council (FRC) and was, until retirement in 2016, a senior audit and advisory partner with PwC.

Press contacts

Matt Adams

Senior Media and Parliamentary Manager
pressoffice@tpr.gov.uk
01273 662086

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