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From Government Actuary's Department (GAD)
  • GAD works closely with NHS Resolution which handles negligence claims on behalf of indemnity scheme members; NHS organisations and independent sector providers.

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

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

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

  • 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 event.

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

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

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

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

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

  • 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 about GAD.

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

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

  • GAD developed a pension benefit modeller to support the Nuclear Decommissioning Authority as it undertook a pension reform programme.

  • 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 scientists.

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

  • 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 key event.

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

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

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