Mutuals could begin raising capital by issuing deferred shares from next year if outstanding issues are resolved, says expert

FOCUS: Lack of access to external capital creates one of the biggest challenges for mutual insurers and friendly societies seeking to grow and compete effectively with other UK insurers.

Supreme Court upholds clause excluding professional indemnity cover for commercial arrangements

Loans provided to the clients of a firm of solicitors by a third party funder were not 'legal services', and so were not covered by the terms of the firm's professional indemnity (PI) policy, the UK's highest court has ruled.

Debate on 'advice' and 'guidance' will detract from innovation in robo advice, says expert

FOCUS: Innovation in so-called 'robo advice' solutions in the UK could be hampered if there is a never-ending debate over whether tools developed involve the provision of regulated financial advice or merely guide consumers on their investment decisions.

FCA plans to issue new guidance on 'digital disclosures' next year

Financial services firms will be issued with new guidelines on "digital disclosures" in 2017, the UK's Financial Conduct Authority (FCA) has said.

Driverless cars pose threat to motor insurance market value, study finds

An improvement in car technology, together with other factors, is likely to push down the value of the global motor insurance market over the next quarter of a century, according to a new study.