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.
The Government Actuary talks about the new GAD 2025 Strategy, which sets out refreshed objectives and a renewed framework for the department over the next 5 years.
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.
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.
GAD's secondments programme offers great opportunities for our people and gives clients the chance to more fully understand what actuaries can offer to their projects and proposals.
A look at the role of our actuaries in assessing the impact of changing demographics, longevity forecasts and mortality insights.
In his first blog of 2020, the Government Actuary reflects on the challenges and opportunities of a new year. Martin Clarke looks at how actuarial expertise has evolved, and he concludes the Government Actuary’s Department (GAD) has “a firm mission to learn, adapt and at times experiment.”
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.