BlackRock has hired Rupert Harrison as the new chief macro-strategist to help develop its retirement proposition.
Harrison, who was the former chief of staff to Chancellor George Osborne, will be the strategist for funds investing in equities, bonds and cash, The Financial Times reported.
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Harrison previously spearheaded the pension freedom reforms, announced by the chancellor in the budget last year.
At the same time, he was also instrumental in the return Northern Rock to the private sector and helped devise strategy for the government’s disposal of its Lloyds stake.
Harrison will not be allowed to lobby the government for two years, following his recent appointment.
BlackRock said in a statement: "Given his experience shaping the recent pensions reforms, he is uniquely placed to help develop our retirement proposition."
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