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

Pensions minister Torsten Bell: 'Together, we are going to finish the job'

Pensions minister Torsten Bell: 'Together, we are going to finish the job'

Bell was reappointed to the pensions minister role in the government reshuffle

Holly Roach
clock 27 July 2026 • 1 min read
Pension adequacy – are we focusing on the wrong measure of success?

Pension adequacy – are we focusing on the wrong measure of success?

'The current system can unintentionally create a false sense of reassurance'

Caitlin Southall
clock 24 July 2026 • 4 min read
Transfer changes 'a start, not the finish line', pensions industry says

Transfer changes 'a start, not the finish line', pensions industry says

Clear and practical guidance ‘essential’ to apply the new framework consistently and with confidence

Jonathan Stapleton
clock 23 July 2026 • 4 min read