Biography lesley titcombe
Profile: Lesley Titcomb on being a front foot regulator
With a policeman father and a mother who is ordained as a priest, it seems Lesley Titcomb was destined from birth to work at a regulator.
She has spent almost her entire career at the FSA and FCA, including managing the transition, and is now chief executive of The Pensions Regulator.
Titcomb joined TPR – which regulates trust-based pension schemes – in March this year after an month search to find Bill Galvin’s replacement. She takes over at a difficult time.
Defined benefit schemes are under growing pressure, pension scams are on the rise and occupational schemes have emerged as the providers least prepared for the pension freedoms.
Meanwhile, in the background auto-enrolment is picking up speed, with nearly two million employers attempting to navigate the rules within the next three years.
Calls to merge the far smaller regulator with behemoth FCA have also not gone away.
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