 Despite Nigel's reinstatement to the Exchequer, and the nomination of his son as treasurer, Nigel did not enjoy the power that his uncle had wielded under Henry I.The exact date of Richard's appointment as treasurer is obscure, but it was sometime between 1158 and 1160, as he is securely attested as treasurer in 1160.The "Liber Eliensis" states that Nigel paid the king £400 to secure the office for Richard.