TPR appoints three new board members

The Department for Work and Pensions (DWP) has appointed three new members to the board of The Pensions Regulator (TPR). 

Ben Gunnee, executive director, market oversight, has joined the board alongside new non-executive directors Tracey McDermott and Chris Hitchen.

Kirstin Baker, interim chair at TPR, said: “I am delighted to welcome Ben, Chris and Tracey to the TPR Board. 

“They bring strong leadership experience and deep pensions, regulatory and financial services expertise that will complement existing Board skills and support our new Chair Emma Douglas when she joins next month.”

Gunnee said: “People expect a secure, sustainable income in retirement. At this vital moment for pensions, I welcome the opportunity to help deliver essential reforms and shape a system that drives strong outcomes for members. 

“My focus will be on ensuring market participants have the highest standards of governance, employing a forward-looking and proactive supervisory model to stop harms before they arise.”

McDermott said: “I look forward to joining TPR at this important time in pensions, and to using my financial services and regulatory experience to help TPR deliver on its core mission and priorities.”

Hitchen said: “My longstanding experience representing the pensions industry and working across large, complex schemes, has forged my commitment to better long-term outcomes for pension scheme members, their employers and for the UK as a whole.