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GAD’s analysis has supported the government’s work around pension reforms, which were announced by the Chancellor during the Mansion House Speech.
We have published our Annual Report and Accounts which sum up the work of the Government Actuary’s Department in the 2023 to 2024 financial year.
GAD is to take part as a host board in the Boardroom Apprentice programme. Successful applicants will get a year-long learning and development placement.
In this Technical Bulletin, GAD summarises various aspects of the Autumn Budget 2024. We focus on a selection of measures most closely linked to GAD’s work.
A new report on the Manx National Insurance Fund includes analysis from GAD. It includes options to ensure long-term funding sustainability.
GAD has shared information with European counterparts on our role supporting Scottish and UK governments in their management of public service pension provision.
We worked closely with the government on a purchase from National Grid to form the publicly owned National Energy System Operator.
Personal injury discount rates (PIDR) in Scotland and Northern Ireland have been updated. PIDR determines damages awards to people with long-term injuries.
The Government Actuary’s Department (GAD) announces the reappointment of Les Philpott as non-executive director and Management Board chair.
GAD has shared insights around the use of data science to model drought in sub-Saharan Africa at a cross-government modelling and forecasting network event.
GAD supports UK regulators by helping them understand the pension costs of the companies they regulate. We provide data, analysis and evidenced based expertise.
GAD’s case studies showcase the variety of projects we are involved in across several areas. These include pensions, credit risk and quality assurance.
A GAD actuary has been appointed to a new financial panel. The cost benefit analysis panel was set up by the Bank of England and Prudential Regulation Authority.
GAD's quality assurance reviews of financial models helps with verifying model calculations and validating data and assumptions.
GAD will shortly be updating Factor Guidance Notes for public service pensions schemes. It follows completion of a major actuarial factors review project.
GAD has set up a cross-government Credit Risk group for people in government and the public sector who manage loans and financial guarantees.
GAD works closely with NHS Resolution which handles negligence claims on behalf of indemnity scheme members; NHS organisations and independent sector providers.
GAD’s report on the 2022 actuarial valuations of the Local Government Pension Scheme England and Wales includes 3 recommendations for the Scheme Advisory Board.
We support and sponsor innovation for people working in government analysis. GAD collaborates with the Analysis Function, promoting the value of innovation.
GAD is supporting the government in the development of Sizewell C. We have applied our experience of funding models to advise the government.
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