Measures of Price Inflation: RPI, CPI, and CPIH
This blog looks at how inflation was affected over the pandemic and the outcome of a consultation to reform the UK’s longest standing measure of inflation, the Retail Price Index.
Analysis
A new model for modelling
In GAD, modelling is a core part of our work. We use it to ‘chart plausible futures.’ In this guest blog, Michael Hodge, the Head of Automation and Technology at the Office for Statistics Regulation talks about using the Code of Practice for Statistics to develop a new socio-technical guidance for modelling.
Negative interest rates: the lowdown
This month we consider why negative interest rates might be chosen and what might happen as a result. In looking at the lowdown, we also examine the impact of negative interest rates and what these mean for consumers and for the banking industry.
The transition to SONIA
Posted by:
Charlotte Stewart - Senior Trainee Actuary, Posted on:
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Categories:
Analysis, Investment, Risk management
After the end of 2021, the LIBOR rate, which used to price many financial instruments, will cease to be published. This blog looks at SONIA, the UK replacement, and the transition from LIBOR to SONIA.
Responding to disasters - doing more with less
Posted by:
Colin Wilson - Deputy Government Actuary and Georgina Bedenham - Actuary, Posted on:
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Categories:
Actuary, Analysis, Climate change
In the event of a disaster, it is vital to act quickly. To maximise humanitarian impact, we need to make the most efficient use of the funds available. In this blog, we examine how understanding the underlying risks can enable humanitarian organisations to do more with less.
Looking into the LIBOR transition
Posted by:
Dominic Trendler - Junior Trainee Actuary, Posted on:
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Categories:
Analysis, Investment, Risk management
LIBOR (the London Inter Bank Offered Rate) is slowly becoming a thing of the past. We take a look at the much-maligned benchmark rate, what it is used for, the alternatives that have been introduced to replace it, and who could be affected.
GAD and COVID-19
In the week that the nation marked the first anniversary of lockdown, GAD actuary Nazmus Haq reflects on his year working in the Department of Health and Social Care as they looked to identify and protect vulnerable patients thought to be at high risk from coronavirus.
Hedge funds and COVID-19
Posted by:
Liam Daly - Senior Trainee Actuary, Posted on:
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Categories:
Analysis, Coronavirus, Investment
The COVID-19 pandemic has proved a difficult time for the hedge fund industry. Not all of its players have managed to live up to the challenges. In this blog we look at how hedge funds have fared over the past year or so.
Put your money where your mask is
Countries around the world have reacted to COVID-19 in a variety of ways from lockdowns and curfews. This blog looks at how COVID-19 has had an impact on investment.
Resource accounting for public service pension schemes
Teams in GAD have just finished producing resource accounts for more than 20 public service pension schemes. We work with finance contacts at pension schemes, administrators and employing authorities across public service pension schemes across the UK.