Protection

Collegiate Underwriting has announced a professional indemnity insurance (PII) deal for IFAs, which freezes rates for two years.

STAND OUT

Standard Life CEO Paul Matthews said he is excited about the roll-out of the retail distribution review (RDR) next year, as he expects more advisers to use its fee-ready wrap and investment solutions.

Legal & General (L&G) has reported an increase in operating profits for full-year 2011 after a marked rise in its investment management (LGIM) and international divisions.

Aviva has updated 250 of its occupational classes in order to offer income protection to people in a wider range of occupations.

Aon Risk Solutions has signed a deal with AXA Commercial Lines to provide professional indemnity insurance (PII) for independent financial advisers in the UK.

TRICKY TRUSTS

Operating profits at Aviva UK rose 8% to £1.45bn in 2011, thanks largely to a boost in new sales in its life and pensions division.

Mayor of London Boris Johnson has written to The Prudential in an attempt to convince the insurer not to relocate its headquarters to Hong Kong.

A shadow minister has claimed the FSA's Treating Customers Fairly (TCF) initiative has failed to adequately protect consumers.