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Government Actuary's Department

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Un forecasted record turnout for forecasting webinar

Un forecasted record turnout for forecasting webinar

Monday, 16 September 2024

GAD has shared insights around the use of data science to model drought in sub-Saharan Africa at a cross-government modelling and forecasting network ...

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Support to the UK’s regulators

Support to the UK’s regulators

Wednesday, 11 September 2024

GAD supports UK regulators by helping them understand the pension costs of the companies they regulate. We provide data, analysis and evidenced based ...

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Projects showcase

Projects showcase

Tuesday, 10 September 2024

GAD’s case studies showcase the variety of projects we are involved in across several areas. These include pensions, credit risk and quality assurance...

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GAD actuary on Bank's new panel

GAD actuary on Bank's new panel

Sunday, 08 September 2024

A GAD actuary has been appointed to a new financial panel. The cost benefit analysis panel was set up by the Bank of England and Prudential Regulation...

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Review of LGPS fund valuations

Review of LGPS fund valuations

Tuesday, 13 August 2024

GAD’s report on the 2022 actuarial valuations of the Local Government Pension Scheme England and Wales includes 3 recommendations for the Scheme Advis...

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GAD, innovation and the Analysis Function

GAD, innovation and the Analysis Function

Friday, 09 August 2024

We support and sponsor innovation for people working in government analysis. GAD collaborates with the Analysis Function, promoting the value of inn...

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GAD supports power station development

GAD supports power station development

Friday, 02 August 2024

GAD is supporting the government in the development of Sizewell C. We have applied our experience of funding models to advise the government....

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Actuarial valuations, pensions and data insights

Actuarial valuations, pensions and data insights

Friday, 12 July 2024

Actuarial valuations are one type of support we offer to pension schemes clients. Pensions sector experts learned about GAD's key skills at a recent e...

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Half a million words analysed by AI

Half a million words analysed by AI

Wednesday, 10 July 2024

We use AI to help government departments process consultation responses. This helps clients analyse responses submitted by people in industry and the ...

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Scheme Actuaries

Scheme Actuaries

Friday, 05 July 2024

GAD's Scheme Actuaries work with various schemes which cover thousands of members. We advise on a combination of factors to measure schemes' financial...

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Visiting Vilnius

Visiting Vilnius

Tuesday, 25 June 2024

GAD has extended its presence in the global social security community at a European meeting with a presentation on UK social security and pensions arr...

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Martin Clarke CB FIA, former Government Actuary

Martin Clarke CB FIA, former Government Actuary

Wednesday, 19 June 2024

A reflection on the life of the former Government Actuary, Martin Clarke, who has passed away after a period in hospital....

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Innovation loans   GAD assesses commercial interest rates

Innovation loans GAD assesses commercial interest rates

Friday, 14 June 2024

We provide analysis and advice on setting commercially equivalent interest rates, used by Innovate UK for loans to small and medium sized businesses....

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A “highly valued” and “strategic partner”   GAD client feedback

A “highly valued” and “strategic partner” GAD client feedback

Wednesday, 24 April 2024

Clients award GAD 4.7 stars out of 5 for being highly valued. The findings are from our latest client feedback exercise which surveyed our clients abo...

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GAD advises HM Treasury on climate scenarios

GAD advises HM Treasury on climate scenarios

Thursday, 18 April 2024

GAD provided recommendations for HM Treasury's guidance on climate scenario analysis for government and public bodies. We looked at approaches for eac...

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IFRS 17   it's time to prepare

IFRS 17 it's time to prepare

Wednesday, 10 April 2024

Public sector organisations are reminded to ensure accounts will be IFRS 17 compliant when accounting for insurance contracts, from this financial yea...

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Climate scientists and actuaries show the sting in climate’s tail

Climate scientists and actuaries show the sting in climate’s tail

Thursday, 28 March 2024

A new report on climate risk, co-authored by a GAD actuary, is based on the latest climate research. It was a collaboration between actuaries and scie...

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GAD completes 2020 actuarial valuations

GAD completes 2020 actuarial valuations

Wednesday, 27 March 2024

Actuarial valuations for public service pension schemes are now published, most of which set employer contribution rates and assess the cost control ...

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Managing risks around ‘net zero’

Managing risks around ‘net zero’

Tuesday, 26 March 2024

The importance of managing risks around net zero, and areas where GAD can help the public sector with plans for net zero projects, were explored at a ...

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GAD develops bespoke benefits modeller

GAD develops bespoke benefits modeller

Monday, 25 March 2024

GAD has built a pension benefit modeller to support the Nuclear Decommissioning Authority as it undertakes a pension reform programme....

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Estimating excess deaths   new methodology

Estimating excess deaths new methodology

Wednesday, 06 March 2024

We peer reviewed a draft report on a new methodology for estimating excess deaths. The ONS publication compared old and new methodologies....

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GAD expands pensions administration consultancy team

GAD expands pensions administration consultancy team

Tuesday, 20 February 2024

GAD has expanded its pensions administration consultancy team which provides support to pension scheme clients on strategic administration related pro...

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Developing AI skills

Developing AI skills

Wednesday, 14 February 2024

GAD is working with an AI partner to investigate fine tuning a large language model to perform quality assurance checks on pension administrator calcu...

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RPA   10 years of collaboration with GAD

RPA 10 years of collaboration with GAD

Monday, 29 January 2024

GAD marks a decade since we helped set up an alternative to commercial insurance for schools. The Risk Protection Arrangement now covers over 10,000 s...

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Up rating report 2024

Up rating report 2024

Tuesday, 16 January 2024

GAD’s annual report on the National Insurance Fund projects contribution income up to the end of the 2028 to 2029 financial year....

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Supporting clients to equalise pensions

Supporting clients to equalise pensions

Tuesday, 09 January 2024

GAD has devised a modeller to support clients as they seek to equalise pensions for scheme members. It provides bespoke solutions according to clients...

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GAD shares expertise at ISSA global social security conference

GAD shares expertise at ISSA global social security conference

Friday, 22 December 2023

GAD Senior Consulting Actuary, Chris Morley, addressed the conference on the importance of illustrating risk to assess the sustainability of social pr...

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Special feature: Analysis to support accounting

Special feature: Analysis to support accounting

Friday, 15 December 2023

We support government to meet its accounting requirements. In this Special Feature we consider the importance of accounting for public service pension...

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Reasonableness review of network operators’ pensions

Reasonableness review of network operators’ pensions

Friday, 08 December 2023

GAD supported Ofgem through a reasonableness review of pension scheme costs of the gas and electricity network operators’ defined benefit pension sche...

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GAD's analysis of the Autumn Statement 2023

GAD's analysis of the Autumn Statement 2023

Friday, 24 November 2023

GAD analyses announcements in the Autumn Statement, as they relate to areas where we specialise. We look at pension reform proposals, and other measur...

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