VIEWS: 40 PAGES: 2 CATEGORY: Current Affairs POSTED ON: 9/5/2012
Mark Hoban - The man who likened financial advice qualifications to ‘McDonalds’ has been appointed as minister of state for the department of work and pensions as employment minister.
http://www.ftadviser.com/2012/09/04/mortgages/mortgage-data/housing-minister-shapps-reshuffled-to-party-chair-6zXe2dsMGAaRgmgLYYermO/article.html Hoban shunted to DWP’s employment minister The man who likened financial advice qualifications to ‘McDonalds’ has been appointed as minister of state for the department of work and pensions as employment minister. Mark Hoban, former Financial Secretary to the Treasury, and MP for Fareham, was not known for extending support towards IFAs. He had been expected to appear before the Treasury select committee tomorrow (Wednesday 5th) along with a Money Advice Service spokesman. It is not known whether he will still appear; his replacement as Financial Secretary to the Treasury had not been revealed at the time of writing. Mr Hoban has been replaced by Tunbridge Wells MP Greg Clark This comes after a day of cabinet reshuffles, which also saw former housing minister Grant Shapps land the position of chairman of the Conservative party as part of the prime minister’s shake up of ministerial jobs. The reshuffle will see the Tory MP for Welwyn Hatfield take over as party chairman from Baroness Warsi, who pre-empted the news last night by announcing on Twitter that she was stepping down following PM David Cameron’s reshuffle. Downing Street has lined up Mark Prisk, former business minister, for the position of housing minister. He is the Member of Parliament for Hertford and Stortford, and was appointed Minister of State for the Department for Business, Innovation and Skills in May 2010. Eric Pickles MP is to remain secretary of state for communities and local government. As party chairman, Mr Shapps will be a minister without a portfolio and will still sit in the cabinet. While serving as housing minister, Mr Shapps oversaw the introduction of the NewBuy Scheme to help get more first-time buyers onto the housing ladder and increase the amount of affordable housing to UK homebuyers.
Pages to are hidden for
"Hoban shunted to DWP’s employment minister"Please download to view full document