Our society is ageing. Previous assumptions about costs and risks need revising. In this blog we ask how should we, as a society, fund future pensions and care for elderly people?
Life under lockdown has led to different experiences for different people, not least of which can be the role of educator. One of GAD’s actuaries reflects on his hitherto unknown skills where he combines the role of actuary with that of home schooling his children.
Have you ever looked at the yield curves from our market insights and wondered what they tell you? This blog explores what they might be telling you if the yield curve is 'inverted'.
One of GAD's actuaries talks about his work as a pensions specialist, and how he made the decision to change careers from software engineer to actuary.
A look at the role of our actuaries in assessing the impact of changing demographics, longevity forecasts and mortality insights.
The work of the Government Actuary's Department is core to the Analysis Function because we offer impartial actuarial analysis to our government and private sector clients.
In many instances, it’s no longer enough to just look at the financials – the profits, dividends and returns on investment. Instead, people are increasingly considering how these returns have been earned.
The Government Actuary's Department (GAD) launches one of the largest single-entry recruitment campaigns it has ever run. It's part of a push to recruit and grow our organisation to meet the growing needs of our clientele.
Actuaries are financial risk professionals, and at the Government Actuary’s Department (GAD) we provide impartial actuarial analysis to government and public sector clients. Our expertise covers insurance, investment, modelling, quality assurance, data science, pensions and social security.
Integrated risk management requires pension schemes to look at risks in the round, rather than considering each individually. This is because the risks are related – for example, funding risk is likely to be linked to either investment risk or employer covenant risk.