UK - Railways Pension Trustee Company CEO Chris Hitchen has been named the new NAPF chairman, replacing Robin Ellison who will step down in May.
Hitchen, who has served previously as chairman for the National Association of Pension Funds (NAPF) Investment Council, is expected to hold the position for a period of two years.
Hitchen said pensions reform in the UK was at "a critical stage", and stressed it was more important than ever the NAPF brought its knowledge and expertise to bear.
"We need to ensure that retirement provision is deepened, not just widened, and that the fantastic value for money and good governance of the best occupational pension scheme are built into the savings structures of the future," said Hitchen.
He will continue in his role as head of the £18bn Railways Pension Trustee Company, which runs the industry-wide pension arrangements for the UK’s railways.
Ellison, a pensions lawyer, will step down as NAPF chairman at the organisation's annual conference in May, having concluded his two year tenure.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.
Universities UK (UUK) has suggested a collective defined contribution (CDC) scheme could be a replacement for the defined benefit (DB) element of the Universities Superannuation Scheme (USS).
This week's top stories included a Pensions Institute report suggesting the aviation industry's practice of constantly evaluating mistakes should be applied to defined benefit pensions.