Ros Altmann has been named as the next pensions minister replacing Steve Webb.
Prime minister David Cameron confirmed the appointment on his Twitter account. Altmann is not an MP but the Conservatives said previously they would nominate her for a peerage if they won power at the general election, meaning she could become a Cabinet minister. Altmann describes herself as an "independent policy expert and older workers champion". But by training she is a City banker, who became an analyst, who then became an economist, working variously at Natwest, Rothschild Asset Management and Chase Manhattan Bank. She chairs the Lord Chancellor's Strategic Investment boar...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes