Alan Pickering, senior consultant at Watson Wyatt Worldwide in London, will leave the firm in January to become chairman at BESTrustees, an independent trustee service provider with about 100 U.K. pension fund clients, confirmed Watson Wyatt spokesman Bruce Wraight.
Mr. Pickering will replace Charles Woodward, who is retiring.
Mr. Pickering has made an invaluable contribution to Watson Wyatt and to the wider world of pensions during his 16 years with the firm, said Mark Stewart, head of the European benefits group at Watson Wyatt, in a news release.
In 2005, Mr. Pickering was appointed to the board of The Pensions Regulator, the U.K. government regulator for occupational pension funds. On a separate occasion, he was asked in 2001 by Alistair Darling, secretary of state for work and pensions at the time, to review the rules governing the operation of Britains private pension system.
He was also formerly a chairman of the National Association of Pension Funds, an industry organization covering about 1,200 pension funds with about £800 billion ($1.5 trillion) in aggregate assets.
Mr. Pickerings duties at Watson Wyatt will be handled by other employees, Mr. Wraight added.