Description: Once more the old adage, that a week is a long time in politics, could not have been so well illustrated as the Chancellor produced a mini budget scrapping the 45p tax thresholds and lo and behold a week later Liz Truss completed a very neat U-turn in abandoning that policy as the markets and the pound went into meltdown. A very long week indeed. The impact of this on pensions and investment is also examined in this month’s magazine. Our cover story is from Ed Harrison from LCP pondering over an item that may have been overlooked by some during the fall-out from the mini-budget by asking would the government actually scrap Solvency II. Tom Murray at Majesco examines flexible systems for a volatile economy as he discusses how life insurers need to respond rapidly to ever changing circumstance such as these. We also have our other regular authors giving their considered views on other aspects going on in the insurance world today. We look forward to welcoming you back again next month.