Protection

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.

The pick of this week's articles on IFAonline...

Martin Weale voiced fears over "persistent" inflation yesterday in a hawkish speech underlining the growing splits at the Bank of England over the path of monetary policy.

COVER Magazine has now moved to a new website.

Stockton on Tees based IFA WR Financial has launched a joint venture with nearby accountacy business ChipChase Manners Chartered Accountants.

Bupa has become the second insurer to give further clarity about its complaints levels, suggesting providers may want further details to be published by the Ombudsman to put figures into a wider context.