What is a Government Actuary? A Government Actuary is an employee of the U.K. government who works for the Government Actuary’s Department (GAD). The GAD provides actuarial consulting services for the public sector at a set fee structure. It provides consulting on numerous actuarial and statistical topics including: pensions policy and regulation, occupational pensions, staff transfers, social security, insurance, healthcare financing and
What Is a Government Bond? A government bond is a debt security issued by a government to support government spending and obligations. Government bonds can pay periodic interest payments called coupon payments. Government bonds issued by national governments are often considered low-risk investments since the issuing government backs them. Government bonds issued by a federal
What Is a Government Broker? A government broker is a senior British securities broker in the market for U.K. government gilts. The government broker is authorized to purchase and sell government gilt securities in the primary market and on the London Stock Exchange. A government broker is a British securities broker authorized to buy and
What Is the Government Of Singapore Investment Corporation (GIC)? The Government of Singapore Investment Corporation (GIC) is a government-owned company assigned to manage Singapore’s sovereign wealth fund. The fund is now officially named: GIC Private Limited. The GIC was formed in 1981 with the aim to invest the sovereign wealth fund more aggressively in higher
What Is Government-Owned Property? Government property consists of land or assets owned by federal, state, or local governments and may also include government agencies or government-sponsored organizations such as libraries or parks. Key Takeaways Government-owned property refers to land or other assets that are legally owned by a government or government entity.Government-owned property may be
What Is a Government Paper? Government paper is a debt security that is issued or guaranteed by a sovereign government. Government paper of a nation is usually perceived as the least risky class of debt securities in that country and will offer investors the lowest yields compared with debt of a similar maturity issued by
What Is the Government Pension Fund of Norway (GPFN)? The Government Pension Fund of Norway is made up of two separate Norwegian investment funds with different mandates. The first is the Government Pension Fund Global (GPFG), also known as the Oil Fund. Established in 1990 to invest surplus revenues of the Norwegian petroleum sector, the
What Is the Government Pension Investment Fund (Japan)? The term Government Pension Investment Fund refers to the pension fund for employees of the public sector in Japan. The pension fund is the second-largest pension fund in the world, with approximately $1.6 trillion in assets under management (AUM) as of January 2021. The fund contributes to the
What Is a Guaranteed Minimum Withdrawal Benefit (GMWB)? A guaranteed minimum withdrawal benefit (GMWB) is a type of rider or contract attached to some annuity insurance policies. It guarantees the policyholder a steady stream of annual withdrawals via the return of all premiums paid into the contract, regardless of an investment’s performance, through a series of annual
What Is the Guinea Franc (GNF)? GNF is the currency abbreviation for the Guinea franc, the national currency of the Republic of Guinea, a country in West Africa. The Republic of Guinea was formerly known as French Guinea; today it is often referred to as Guinea-Conakry, which refers to the name of its capital city
