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The company said his fund responsibilities would shift to Mark Barnett and the Invesco Perpetual UK equities team.
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Although 150 councils in England have from April opened local welfare schemes to provide crisis support for vulnerable people following the abolition of the social fund, responsibility for providing short-term benefit advances still lies with the department.
For example, where do the funding responsibilities end up?
As the NSQIP methods move to private-sector hospitals, funding responsibilities will shift to the medical center.
He will also attempt to offload more tough choices on to local authorities by devolving spending and funding responsibilities.
The federal social services minister, Christian Porter, has indicated the distribution of funding responsibilities will be part of the federation white paper.
But it did take on a range of new funding responsibilities, including the BBC World Service and Welsh-language channel S4C, among many others.
Its authors recommend that American and Colombian officials "develop a joint plan for turning over operational and funding responsibilities for U.S.-supported programs to Colombia".
However, Cohen said the BBC had no choice because of the 2010 licence fee settlement, which saw the corporation take on extra funding responsibilities such as the World Service.
Its funding responsibilities will be transferred to other bodies on 1 April, following the abolition decision announced by the culture secretary, Jeremy Hunt last July.
From 2013 the DCMS will hand over funding responsibilities for all but about £7m of S4C's budget to the BBC.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com