Michael O’Higgins was named chairman of The Pensions Regulator, the U.K. government agency responsible for regulating occupational pension plans, according to an announcement by Minister for Pensions Steve Webb.
Mr. O’Higgins will replace David Norgrove, whose term expires at the end of this year.
“At the top of my in-tray will be helping employers get to grips with their new duties to auto-enroll staff from 2012, that all types of pension scheme are well run with members’ interests at the center, and that risks to members and the Pension Protection Fund are properly managed,” Mr. O’Higgins said in a news release about the appointment.
Mr. O’Higgins previously worked as managing partner at PA Consulting Group from 1997 to 2006. Prior to that, he was a partner at what is now PricewaterhouseCoopers. He has also held academic posts at the University of Bath, the London School of Economics, Harvard University and the Australian National University.
Efforts to reach Mr. O’Higgins for further comment were unsuccessful.