David Fairs, previously the executive director of regulatory policy, analysis and advice at The Pensions Regulator (TPR) is joining LCP as a partner.
The regulator announced at the beginning of the year that Fairs would leave his post this year to pursue new challenges.
Fairs spent four years at TPR where he oversaw the introduction of a range of important policy initiatives through a time of significant change and challenge for the UK pensions industry, which included granting TPR significant new powers under the Pensions Schemes Act, and the new defined benefit (DB) funding regime.
Prior to working at TPR, Fairs was a pensions partner at KPMG.
Fairs will join LCP’s pensions practice in April and will work closely with key clients to help them navigate the increasingly complex developments and issues facing the industry. He will also be supporting LCP as it continues to evolve and expand its offerings to the market, the firm announced this morning.
Fairs said: “The pension landscape is rapidly shifting and trustees and sponsors of schemes face a host of regulatory changes in a rapidly evolving world as people’s working patterns and finances change. I have long been an admirer of LCP and am excited to join a firm which has such a strong reputation for being people-centric, ambitious in its approach and not afraid to challenge the status quo.”
Aaron Punwani, LCP’s chief executive officer, added: “David brings a wealth of experience and insight that will help our clients understand and tackle their most important challenges. In his role at TPR he was passionate about driving positive change to help protect savers and bring about better retirement outcomes, and we are delighted that he will be working with us to continue that mission.”
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