Equitable Life bosses face the wrath of actuaries - papers 3rd August

The Daily Telegraph says Roy Ranson and Alan Nash, successive former managing directors and actuaries of the insurier, as well as Chris Headdon and Barry Sherlock face "charges of misconduct". All four will soon have to defend themselves before a disciplinary tribunal, which could see them facing severe fines or even become expel from the profession. Ranson and Headdon yesterday denied they had done anything wrong, the paper says. Ranson was quoted by the Telegraph as saying: "Equitable Life was doing its best for its policyholders and trying to be fair to all of them. Former p...