UK - The Pensions Annuity Friendly Society has suspended chief executive Chris Rostron pending an internal investigation.
Acting chief executive Simon Whitehead said he could not make any comment until the internal investigation had been completed.
But he added: “Policyholders can rest assured that their benefits will not be affected.”
PAFS is a specialist provider of impaired life annuities with an annual turnover of £34m.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.