Clare Spottiswoode will take a parting shot at the regulation of with-profits savings products when the policyholder advocate for Aviva’s reattribution of excess cash releases a final report and shuts her office.

Ms Spottiswoode, who spent three years negotiating the “inherited estate” deal, believes policyholders received a better share of the funds than expected but will add that the law governing how companies can use such funds needs testing.