Laura Trott, the U.K.'s minister for pensions, has been appointed as chief secretary to the Treasury, according to a release issued by the Treasury on November 13.
A successor to Trott as pensions minister has not been named yet, according to the Treasury website.
The appointment emerged as a part of a major reshuffling of the Cabinet by Prime Minister Rishi Sunak that also witnessed the return of former Prime Minister David Cameron as secretary of state for foreign, commonwealth and development affairs.
The former chief secretary to the Treasury, John Glen, has been appointed paymaster general and minister for the Cabinet Office.
Trott had served as parliamentary under secretary of state at the Department for Work and Pensions since Oct. 27, 2022. She also serves as the Conservative member of Parliament for Sevenoaks, Kent.
Responsibilities of the pension minister include pensioner benefits, including new state pension winter fuel payments, pension credit and attendance allowance; private and occupational pensions, including regulatory powers; and oversight of arms-length bodies, including the Pensions Regulator, Pension Protection Fund, Financial Assistance Scheme and Pensions Ombudsman, and Office for Nuclear Regulation, according to the Treasury website.
The Treasury could not be immediately reached for further details.