The Pensions Regulator (TPR) has appointed Richard Knox as its new executive director, strategy, policy and analysis, strengthening its senior leadership team.
Knox will take up the role in February 2026 and will also join the TPR board.
He brings more than 20 years of experience in financial services regulation and public policy, including senior roles at HM Treasury and leadership of the Government’s Pensions Investment Review.
Currently co-director of the Financial Services Group at HM Treasury, Knox has overseen international financial services policy, Brexit negotiations, global trade agreements, and regulatory frameworks covering capital markets, ESG finance and prudential banking.
Earlier in his career, he led EU negotiations on major securities and markets legislation and contributed to key government interventions during the financial crisis.
Most recently, he directed the multi-agency team responsible for delivering the Pensions Investment Review following the 2024 election.
The review’s recommendations informed the Pension Schemes Bill, which aims to improve member outcomes while supporting growth in the UK economy.
Nausicaa Delfas, chief executive of TPR, said: “Pensions are at a pivotal moment of change and we are continuing to bring in the talent and expertise we need to raise standards of trusteeship, drive value for money and support savers at retirement.
“Richard’s extensive experience and leadership will be invaluable as we work with the government and the market to shape the future of pensions.”
Knox added: “I am looking forward to helping to deliver on TPR’s mission to protect, enhance, and innovate at this important moment of change in pensions.
“We have a real opportunity to fix unfinished business in the pension system and make sure pensions provide people with a sustainable income to last throughout their later life.”


