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 and so would not normally be eligible for the role, but the Conservatives said previously they would nominate her for a peerage if they won power at the general electiion, meaning she could become a Cabinet minister. Altmann describes herself as an "independent policy expert and older workers' champion". By training she is a City banker, who became an analyst and then an economist, working variously at Natwest, Rothschild Asset Management, and Chase Manhattan Bank. She chairs the ...
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