TPR601(A) - Executive Search Services for CEO Role.

Descriptions

The Pensions Regulator (TPR) was established under the Pensions Act 2004, to regulate work-based pensions as an executive, non-departmental public body (NDPB) accountable to the Secretary of State for Work and Pensions. The regulator commenced operations in April 2005, superseding the Occupational Pensions Regulatory Authority (OPRA); we have wider powers and a proactive risk-focused approach to regulation. The regulator is funded by grant-in aid from the Department for Work and Pensions (DWP) with running costs recovered through a General levy on pension schemes.Statutory objectivesOur objectives, as established under the Pensions Act 2004, are to:— Protect the benefits of members of work-based pension schemes.— Promote good administration and improve understanding of work-based pension schemes; and— Reduce the risk of situations arising which may lead to compensation being payable from the Pension Protection Fund (PPF).An additional objective, established under the Pensions Act 2008, is to:— Maximise employer compliance with employer duties (including the requirement to automatically enrol eligible employees into a qualifying pension provision with a minimum contribution) and with certain employment safeguards.The costs for work undertaken by the regulator in respect of the set up cost of the Employer Compliance Regime (ECR) are being met by the DWP. No cross-subsidy with the General levy funding stream takes place.RequirementTPR requires an executive search provider to assist in the appointment of a new Chief Executive. This will be a fresh approach to the recruitment process led by TPR's newly appointed non-executive Chair, Mark Boyle.Through the use of a full search approach, the primary deliverable is a short-list of candidates agreed with TPR (such candidates having had preliminary interviews with the Service Provider).The executive search provider will work with the Regulator to provide an effective recruitment strategy, plan, costing and schedule to ensure that TPR is able to appoint a successful candidate. Once the approach has been agreed by TPR, the provider would then deliver the appropriate search. They should provide details of all initial applicants so that TPR can be involved in the initial sift, and on TPR's instruction carry out preliminary interviews with those selected in the sift. The findings from the preliminary interviews would help inform TPR's shortlist. There may also be an additional stage for reference collection and some form of appropriate assessment. Working with the provider, TPR would carry out the final panel interviews to select the successful candidate. The provider would manage all candidate handling.Approaches are likely to include all or some of the following:— Full Search— Advert— Response Handling— Sifting— Preliminary Interviews— Psychometric assessmentsThe Regulator is looking for external candidates from a wide range of backgrounds, particularly financial, and internal candidates may also apply. TPR would like the successful candidate to start in the Autumn of 2014 so will be looking to start the selection process as soon as possible.Please note that this opportunity will be run off The CCS Framework for Executive Search / Dynamic Purchasing System (PS-2014-ES Services), Lot 1 / Executive Search , Selection & Assessment Services. So we are asking for all expressions of interest from suppliers found on that framework Lot. Any organisations that are not currently on the framework, but wish to compete for the above opportunity. Must first apply to be accepted onto the DPS System, via the Crown Commercial Service. Please see the below details on how to contact thm in this instance:HMRC is using the Crown Commercial Service e-Sourcing tool for this DPS on behalf of the CS Resourcing. Consequently formal applications are to be submitted by completing an on-line questionaire. Information about the e-Sourcing tool/application can be obtained fromhttp:ccs.cabinetoffice.gov.uk/i-am-supplier/respond-tender