VIENNA (Reuters) - Raiffeisen Bank International Chief Executive Herbert Stepic resigned on Friday in what he called an effort to spare the bank he built into an eastern European powerhouse from damaging publicity over his personal property deals.

MELBOURNE: A Malaysian couple has almost doubled their wealth in one year to become billionaires in the process. David Teoh, 57, and his wife Vicky, 56, have achieved one of the biggest rises on this year’s BRW Rich 200 List, lifting their fortune from A$526 million last year to A$1.06 billion.

New regulations which came into effect on 1 October last year appear to be a far more serious attempt to address the UK's pensions saving gap than other recent initiatives.