The Government Actuary’s Department (GAD) has retained its accreditation under the Institute and Faculty of Actuaries’ Quality Assurance Scheme (QAS) for the upcoming year, confirming its ongoing adherence to high professional standards. The QAS, recognised as a benchmark for robust policies, procedures and quality controls, evaluates organizations across three core themes: professionalism, development and training, and organisational culture. GAD submits an annual return to the IFoA, detailing improvements, monitoring, review and updates to policies related to these themes. This year’s submission highlighted progress under GAD’s 2030 Strategy, including updated leadership structures and a new central ‘Excellence’ function. The IFoA praised the submission, noting effective quality assurance and high standards across all themes.
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Summary adapted from content licensed under the Open Government Licence v3.0.
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Original source: https://www.gov.uk/
https://www.gov.uk/government/news/gad-maintains-industry-quality-standard
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