GAD Comment - Why actuaries are essential to government
Published 10 December 2018
漏 Crown copyright 2018
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Actuaries play an important role in helping the government both spend wisely and save money.
In the latest edition of the , the Government Actuary Martin Clarke explains how experts in the Government Actuary鈥檚 Department help public sector clients understand challenges around financial risk and uncertainty. This can include the longer-term implications of climate change and developments in human longevity. Actuaries ask, then analyse and advise on, the 鈥榳hat-if鈥� questions around public sector pension schemes, insurance and investment markets, and undertake financial modelling and quality assurance.
To find out more about what we do, and how, despite being a small department, we punch above our weight, follow the link to the .