Skip to main content

News and communications

Skip to results
312 results sorted by Updated (newest)
From Government Actuary's Department (GAD)
  • GAD is working with an AI partner to investigate fine tuning a large language model to perform quality assurance checks on pension administrator calculations.

  • 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 schools.

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

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

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

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

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

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

  • 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.

  • 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 claimants.

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

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

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

  • A list of current flyers and slides produced for webinars by GAD.

  • GAD actuaries spoke at a public service pensions conference in Northern Ireland. They talked about core pensions work and key projects, all part of the department’s portfolio.

  • 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 application guidance.

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

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

  • Martin Clarke, the retiring Government Actuary, reflects on the potential, drive and skills of the Government Actuary's Department and his 9-year tenure as the head of GAD.

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