Origen chief Mike Kirsch steps down

Executive chairman for distribution Rob Waller will take over as acting interim chief executive until further notice, said an Aegon spokesperson. Origen posted a loss before tax of £2.9m in March after a £1.9m provision for a review into advice suitability impacted on the business' bottom line. The Origen board began a review of the firm's systems and controls and the suitability of regulated advice given to clients in 2011, with the aim of "identifying any past failings and embedding best practice". Origen said it expects the work to be completed this year, and, along with the £1....