In this follow up blog, we look at the challenges public sector organisations can face when implementing TCFD recommendations. We focus on scenario analysis as it can be a complex aspect of the recommendations.
As we in the Government Actuary's Department are preparing to produce climate-related financial disclosures for the first time, this blog post is the first in a series that will explore the adoption of TCFD recommendations in the public sector.
In this blog, the GAD actuary who helped establish the government’s Contingent Liability Central Capability talks about his time supporting the establishment and initial growth of the new team.
Local authorities spend millions buying insurance, while central government departments retain their risks. Why is this - and is there a better way? Read the insights and opinions of a GAD actuary who's also a director of the Local Government Mutual.
McCloud, pensions dashboards and beyond! The administrators of public service pension schemes have a lot to deliver over the next few years. This blog looks at the challenges they face, as well as sharing thoughts on potential opportunities.
A GAD actuary has marked 6 months at the centre of a programme providing financial help to countries affected by natural disasters. Read more about his role in the Start Ready initiative, part of the Start Network charity, and how it takes an innovative approach to helping countries affected by predictable crises.
Liability Driven Investment, or LDI, is a way of investing that by convention gives a multiple exposure to gilts. Recently it's been a challenging time for corporate defined benefit pension schemes that had LDI. Read our blog to find out more.
We explore the importance of the Bank Rate, or base rate, as a tool for the Bank of England to control inflation. This base rate is just part of the Bank of England's role in maintaining monetary stability and overseeing the UK's financial functions.
The ways in which actuarial skills can contribute to the complex area of disaster risk finance, is explored in this blog. GAD actuary Joanne Meusz talks about her role in a multi disciplinary team which developed disaster risk finance initiatives.
In this blog we look at issues around the rising cost of living and examine the background to our current period of high inflation of prices for goods and services.