Aviva

If it feels like we have been in this kind of market environment before, that is because we have been

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Business secretary Vince Cable (pictured) is set to announce plans today which will force companies to take binding votes on executive pay every three years.

SPECIAL REPORT

Andrew Moss, the chief executive officer of insurance giant Aviva, is leaving the group.

Insurance firm Aviva has suffered an embarassing blow after more than half its shareholders voted against its proposals on executive pay at its annual general meeting today.

Aviva Investors has seen yet another high profile departure as upheaval continues within the insurer's asset management arm.

Cash positions across bond funds are creeping up as managers struggle to maintain liquidity in an environment of restricted bank lending.

Operating profits at Aviva Investors have tumbled 9% ahead of a planned scale back in distribution to retail investors.

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