Ros Altmann is bad news for the 'business as usual brigade'

Ros Altmann is bad news for the 'business as usual brigade'

clock

Henry Tapper comments on Ros Altmann's surprise appointment as pensions minister and warns 'she knows where the bodies are buried' in fund management

This election was brutal. Gregg McClymont knew his fate but Steve Webb's defeat was a shock to us all - sadly electors don't wear pension goggles. Just as we were resigning ourselves to business as usual, David Cameron announced Ros Altmann's appointment (after Twitter of rumours about David Gauke). It was as surprising as the Conservative majority. Altmann has for 20 years campaigned for people forgotten by the system. We have become so familiar with her being the ‘dissenting voice' that her inclusion in government seems shocking. Related reading: (Unelected) Ros Altmann takes c...

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 Pensions

Women's pensions: Why the gender savings gap opens at age 28

Women's pensions: Why the gender savings gap opens at age 28

Women in their late 50s hold 48% less in their pension than men

Rachel Vahey
clock 11 June 2026 • 3 min read
DC pension pot growth points to increased fraud risk, pensions minister warns

DC pension pot growth points to increased fraud risk, pensions minister warns

Torsten Bell says expanding DC pots will attract increased fraudster attention

Martin Richmond
clock 11 June 2026 • 2 min read
Revised transfer regs widely backed but industry calls for 'clear and practical' guidance

Revised transfer regs widely backed but industry calls for 'clear and practical' guidance

DWP makes key changes to traffic-light transfer conditions

Jonathan Stapleton
clock 10 June 2026 • 7 min read