The chairman of the Audit Commission has been named as the next chair of The Pensions Regulator.
Michael O’Higgins will start in the £57,000, two-day-a-week post from January 1 and takes over from David Norgrove.
Mr O’Higgins, left, has been chairman of the Audit Commission since October 2006 but the government announced earlier this year that the quango is slated for abolition.
He has been appointed for a three-year term at the Department for Work & Pensions’ regulator which is responsible for introducing automatic enrolment of employees into workplace pensions.
In a statement, he said: “At the top of my in-tray will be helping employers get to grips with their new duties to auto-enrol staff from 2012, that all types of pension scheme are well run with members’ interests at the centre, and that risks to members and the Pension Protection Fund are properly managed.”
As well as chairman of the Audit Commission, the former consultant with PriceWaterhouse Coopers and PA Consulting is one of the Treasury’s non-executive directors and chairman of the Treasury group audit committee.