New head appointed to Pensions Advisory Service

Ann Harris has been named as the new head of the Pensions Advisory Service (TPAS). The veteran civil servant, who has been a non-executive director of the organisation for 18 months, was revealed as its new head by pensions minister Richard Harrington.

Mr Harrington said: "With more than 178,000 customers, and more than 2.7 million visits to its website in the past year, TPAS' services are very much in demand so it’s vital it attracts a senior leader of such high calibre." Ms Harris remarked: "This is an exciting time for TPAS, as it prepares for the proposed transition to a new single finance guidance body." She pledged that TPAS will continue to offer those with private pensions "professional, independent and impartial" advice.  

The role of the body may soon change as the Department for Work and Pensions and the Treasury have been consulting on the possibility of establishing a new combined body that combines the role of TPAS with that of Pension Wise and the Money Advice Service.