In this final blog in the series on Digital Finance, we explore both the opportunities and the challenges that may be experienced. We also explore the possible direction of digital finance in the future.
In this latest blog, we find out how blockchain technology helps us with everyday transactions. The technology shows that money does not have any intrinsic value of its own – it is the trust that people have for the authority issuing the money that creates its value.
The growing popularity of neobanks can offer a new style of banking but may also lead to challenges for institutional investors, such as pension scheme trustees who may need to assess exposure to any risk levels.
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.