The Pensions Regulator (TPR) has announced the appointment of three new permanent executive directors, after receiving formal approval from Pensions Minister, Emma Reynolds.

Joining the board at TPR are Nina Blackett, as executive director of strategy, policy and analysis, Gaucho Rasmussen, as executive director of regulatory compliance and Neil Bull, as executive director of market oversight.

The directors were initially appointed on an interim basis earlier this year, after TPR announced the establishment of three new regulatory functions: Regulatory Compliance, Market Oversight, and Strategy Policy and Analysis.

The restructuring was part of a "strategic shift" in pensions oversight, which aimed to better align TPR's structure to its strategic priorities and core functions.

The permanent appointments are expected to help accelerate TPR's regulatory approach shift to meet the challenges and opportunities of a changing pensions market.

TPR chief executive, Nausicaa Delfas, commented on the appointments: "The pensions market is rapidly changing and moving towards fewer, larger schemes, bringing new opportunities and risks. We are evolving as a regulator to meet these challenges.

"Gaucho, Neil and Nina will each play a critical part in accelerating the shift in our regulatory approach that will help us to protect, enhance and innovate in a changing pensions market and become a more efficient and effective regulator."

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