Esther McVey - All advisers need to know about new DWP chief

MP for Tatton

Hannah Godfrey
clock • 3 min read

Esther McVey has been promoted to secretary of state for work and pensions after David Gauke was moved to the Ministry of Justice as part of Theresa May's 2018 reshuffle.

McVey (pictured) is the fifth person to hold the Department for Work and Pensions (DWP) office since 2016, following Iain Duncan Smith, Stephen Crabb, Damian Green and Gauke, who held the role for just seven months. The post was initially offered to Justine Greening who headed up the Department for Education. However, Greening announced her decision to quit the government at about 8pm on Monday meaning McVey was offered the position. The Conservative MP for Tatton - George Osborne's former seat - is no stranger to the department; from 2012 to 2013 she was parliamentary under-secretary...

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

Partner Insight: The psychology of retirement

Partner Insight: The psychology of retirement

Bridging the advisers-clients gap: How emotional intelligence can help build deeper trust with clients and better understand their financial goals

James Woodfall, Raise Your El.
clock 15 September 2025 • 1 min read
Managing drawdown risk: A new frontier in retirement planning

Managing drawdown risk: A new frontier in retirement planning

'Volatility alone is no longer a sufficient risk measure'

Matthew Wright
clock 29 August 2025 • 4 min read
Sounding the alarm: Facing the retirement reality check

Sounding the alarm: Facing the retirement reality check

'At the heart of the issue is a worrying lack of engagement'

Laith Khalaf
clock 17 June 2025 • 3 min read