UK - Royal London group chief executive Mike Yardley is planning to step down to focus on helping the industry tackle future challenges.
Yardley, who has headed up the group since 1998, says he will leave the company once a successor is appointed.
He said after stepping down he plans to use his experience to help the life assurance and asset management industry "tackle the many challenges ahead".
"Having been CEO of Royal London for over 12 years, I've decided the time is now right for me to announce that I will be leaving the company once my successor has been appointed.
"I am confident Royal London is in an excellent position to continue to grow profitably for the benefit of our members and I believe this is an appropriate time to start the search for the person to lead the company in its next phase of development."
Royal London chairman Tim Melville-Ross said Yardley has built a strong executive team and has made it a strongly capitalised, diversified group offering quality products and services to its members and customers.
"Royal London, its customers and members have every reason to be grateful for what he has achieved.
"He has also played a leading role in bringing about some of the changes in the financial services market place which will lead to higher quality and better value products and services for customers everywhere."
No timescale has been set to find a new chief executive, and both internal and external candidates will be considered, the company added.
RPMI Railpen is in the next step in the journey towards achieving cost disclosure. Victoria Bell tells Stephanie Baxter about taking part in the Cost Transparency Initiative's pilot phase
Interserve's numerous defined benefit (DB) schemes have retained a sponsor link after the company entered into administration and was sold.
Chris Hannon has been named chairman of the Railways Pensions Trustee Company after a unanimous vote of approval from its board last week.
PP speaks to BESTrustees director Heather McGuire about her views on the CMA's review into the investment consultant and fiduciary management markets.