UPDATED 9.40am: Bright Grey future

David Robinson announced yesterday he will be leaving his position as chief executive of Bright Grey on 30 June, and Mike Yardley, group chief executive of Royal London, will manage the firm for the time being. Alasdair Buchanan, group head of communications at Royal London, says the future of the firm is "not at risk" but that Yardley is working on what is envisaged as the best long-term solution for the management structure of the company. As well as Yardley stepping into a managerial position at Bright Grey, Jim Smith, sales director at Scottish Life, has also been overseeing part of...