Ros Altmann quits as pensions minister; Replaced by Richard Harrington

Replaced by Watford MP Harrington

Julian Marr
clock • 3 min read

Baroness Altmann has resigned as minister of state for pensions, suggesting "short-term political considerations, exacerbated by the EU referendum, have inhibited good policy-making".

She has been replaced by MP for Watford Richard Harrington who has been named parliamentary under-secretary of state for pensions in Theresa May's government following Altmann's resignation on Friday. Harrington, elected in May 2010, had been the under-secretary of state for Syrian refugees since September last year but was moved to the Department for Work and Pensions on Sunday (17 July). Altmann, who became pensions minister after she was made a member of the House of Lords following the Conservative victory in last year's general election, said in her resignation letter to the new ...

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

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Advisers warn market volatility will threaten retirement plans

Advisers warn market volatility will threaten retirement plans

More than half expect clients to postpone or change plans

Isabel Baxter
clock 26 March 2024 • 2 min read
Perfect timing: How to advise clients on the right time to retire

Perfect timing: How to advise clients on the right time to retire

Striking a balance between health, wealth and personality

Richard Hulbert
clock 05 February 2024 • 4 min read
Baillie Gifford: Enjoying later life without an income from work

Baillie Gifford: Enjoying later life without an income from work

The latest from PA’ Digital Working Lunch webinar series

Professional Adviser
clock 12 December 2023 • 2 min read