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Government Actuary's Department

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GAD Annual Report and Accounts for 2022 to 2023

GAD Annual Report and Accounts for 2022 to 2023

Thursday, 16 November 2023

GAD has published its Annual Report and Accounts for the 2022 to 2023 financial year. The report sets out the main projects and successes of the year....

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Isle of Man: revised Personal Injury Discount Rate

Isle of Man: revised Personal Injury Discount Rate

Friday, 10 November 2023

The Personal Injury Discount Rate in the Isle of Man has been updated, using advice provided by GAD. It relates to sums awarded to seriously injured c...

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Climate change scenarios in public service pensions valuations

Climate change scenarios in public service pensions valuations

Wednesday, 01 November 2023

GAD has included climate change scenario analysis in public service pension scheme (PSPS) valuations to illustrate potential implications for schemes....

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GAD attends key summit

GAD attends key summit

Friday, 27 October 2023

GAD has attended a major pensions summit in London. The event, included organisations from the UK and internationally and was addressed by the Chancel...

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GAD’s research on AI and machine learning in actuarial work

GAD’s research on AI and machine learning in actuarial work

Wednesday, 25 October 2023

The use of artificial intelligence and machine learning in UK actuarial work is growing in importance. The conclusions come from GAD research....

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GAD pensions expertise in Northern Ireland conference

GAD pensions expertise in Northern Ireland conference

Friday, 13 October 2023

GAD actuaries spoke at a public service pensions conference in Northern Ireland. They talked about core pensions work and key projects, all part of th...

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GAD helps introduce new accounting standard

GAD helps introduce new accounting standard

Tuesday, 10 October 2023

GAD has held a webinar for public sector specialists on the complex accounting standard IFRS 17. We were involved in the development of the IFRS 17 a...

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Networking opportunity for GAD's clients

Networking opportunity for GAD's clients

Monday, 09 October 2023

Clients and stakeholders have discussed the benefits of GAD’s analysis and actuarial insights on their projects at a key networking event....

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GAD innovation on show at Innovation Day

GAD innovation on show at Innovation Day

Monday, 25 September 2023

The innovation of GAD's Remedy Benefits Illustrator was on show at a cross-departmental event. The online tool provides benefits insights for public ...

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Special Feature: An interview with Martin Clarke CB

Special Feature: An interview with Martin Clarke CB

Friday, 15 September 2023

Martin Clarke, the retiring Government Actuary, reflects on the potential, drive and skills of the Government Actuary's Department and his 9-year ten...

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New Valuation Directions for public service pensions

New Valuation Directions for public service pensions

Monday, 11 September 2023

The Government Actuary has completed a consultation on public service pensions Directions which set out how 2020 valuations should be carried out....

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GAD's collaborations on show at GIRO

GAD's collaborations on show at GIRO

Friday, 01 September 2023

GAD experts will be at the 50th annual conference for general insurance actuaries. GIRO topics will include disaster risk finance, AI and trends in mo...

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Updated actuarial factors

Updated actuarial factors

Wednesday, 30 August 2023

GAD has updated actuarial factors for key public service pension schemes. Actuarial factors are used to calculate the benefits of scheme members unde...

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Rising Star Awards 2023   nominees

Rising Star Awards 2023 nominees

Friday, 04 August 2023

GAD has been nominated in 2 categories in an industry competition....

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New Government Actuary named

New Government Actuary named

Wednesday, 02 August 2023

The Financial Secretary to the Treasury has appointed Fiona Dunsire as the new Government Actuary on a 5-year fixed term appointment....

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Start Ready   extending the reach

Start Ready extending the reach

Tuesday, 01 August 2023

The ways in which financial assistance can be allocated to countries in need are discussed in this blog. ...

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IFRS 17   GAD helps develop new guidance

IFRS 17 GAD helps develop new guidance

Wednesday, 19 July 2023

GAD helped develop new IFRS 17 application guidance. It aims to make the reporting of risk transfer contracts more comparable between different entiti...

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GAD analysis contributes to government’s new pension measures

GAD analysis contributes to government’s new pension measures

Tuesday, 18 July 2023

GAD has helped to estimate the impact of new pension measures on members as the Chancellor announced a wide range of pension reforms earlier this mont...

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British Steel Pension Scheme

British Steel Pension Scheme

Wednesday, 12 July 2023

GAD has carried out a quality assurance exercise into methodology on a report on the British Steel Pension Scheme....

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PIDR expert panel appointments

PIDR expert panel appointments

Monday, 03 July 2023

The names of the next personal injury discount rate expert panel have been published. The Government Actuary will be the panel chair. ...

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Data projects

Data projects

Thursday, 22 June 2023

Data - its uses and benefits are central to our work as actuaries. In the Special Feature we look at upcoming data projects and our long-term strategy...

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Special feature: Data projects and long term strategy

Special feature: Data projects and long term strategy

Wednesday, 21 June 2023

This eNews special feature reflects on GAD's recent contribution to the Police and Fire Data conference, as well as our broader focus on data....

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Government Actuary appointed Companion of the Order of the Bath

Government Actuary appointed Companion of the Order of the Bath

Friday, 16 June 2023

Martin Clarke, the Government Actuary, has been awarded a major honour in recognition of his public service, in the King's Birthday Honours....

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GAD achieves QAS reaccreditation

GAD achieves QAS reaccreditation

Friday, 16 June 2023

GAD has successfully been reaccredited with the industry standard for actuarial work. The Quality Assurance Scheme demonstrates we uphold high-quali...

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Jersey's social security funds

Jersey's social security funds

Monday, 12 June 2023

GAD reviewed 2 social security funds for the Government of Jersey. We assessed possible levels of future expenditure and rates required to finance the...

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GAD supports Analysis in Government Month 2023

GAD supports Analysis in Government Month 2023

Wednesday, 17 May 2023

People from GAD shared examples of major GAD projects. More than 240 people attended our webinars....

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Gender pensions gap report

Gender pensions gap report

Friday, 12 May 2023

GAD has analysed the LGPS gender pension gap. This report provides a first overview of how pensions in the LGPS were impacted by gender as of 31 March...

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GAD seen as strategic partner in client feedback

GAD seen as strategic partner in client feedback

Thursday, 04 May 2023

Client feedback shows GAD has been highly rated for providing overall value for money and is described as a strategic partner. ...

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Lights, Camera, GAD!

Lights, Camera, GAD!

Wednesday, 03 May 2023

A report into a scheme for the movie and TV industries supported by GAD during the pandemic finds it generated thousands of jobs and billions of pound...

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Isle of Man social security report

Isle of Man social security report

Tuesday, 25 April 2023

GAD has completed a major review of the Isle of Man National Insurance Fund. The report includes projections up to the year 2082 and projected populat...

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