In this edition of Current issues in insurance & financial services, we bring you the latest insights into the UK insurance & financial services market including: 

• A Solvency II newsflash;
• The benefits of remediation;
• FCA's Investment Pathways launch;
• Year-end assumption setting, and; 
• The latest update from Club Vita on COVID-19.

Treasury issues call for evidence as part of post-Brexit review of Solvency II

On Monday 19 October, the Treasury issued a Call for Evidence, seeking the views of UK insurers on various aspects of Solvency II risk management framework. In this newsflash, we summarise the Call for Evidence and give our view on the latest updates. 

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Deriving benefits from remediation

Can remediation be a positive exercise? In this blog we look at the regulator’s view, the benefits remediation can have for firms, and the effect COVID-19 has had on administration processes.

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Countdown to Investment Pathways

With less than 3 months to go, many firms will be grappling with the launch of the FCA's Investment Pathways in February 2021. With the clock ticking, what should you be doing to ensure Investment Pathways are a success for your customers and business?

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The challenges of year end assumption setting during a pandemic

Insurance firms have been faced with a new set of challenges during the pandemic. This article looks at the difficulty of assumption setting for this year end and the need for triggers to reconsider assumptions and flexibility in governance processes to assist in a smoother year-end.

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COVID-19: Case-watch as at 29th October

In the latest weekly update on emerging UK COVID-19 statistics, Club Vita takes a look at the latest case numbers and discuss how the differing lockdown approaches taken by England, Scotland and Wales are attempting to stem the continued rise in cases.

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