Michael Bright's absence from the limelight is for a good reason, Backchat has been informed.
It is understood, from reliable sources, that Pricewaterhouse-Coopers, Independent Insurance's liquidator, has decided to target Bright's pension fund.
As Insurance Times reported last year, the estimated £3m fund was, according to his lawyers, exempt from the liquidator because it was a personal pension.
But PWC's Dan Schwarzmann has set his sights on raking back some of Brtight's personal wealth.
Hence Bright has decided to play down his lifestyle. What a shame!
