GAD to use AI to perform pension admin quality assurance checks

Government partnership to help pension administrators quality-check their calculations

Jasmine Urquhart
clock • 1 min read
GAD is proposing to use an AI tool to help administrators comply with regulations
Image:

GAD is proposing to use an AI tool to help administrators comply with regulations

The Government Actuary’s Department (GAD) is to begin working with an artificial intelligence (AI) firm to perform quality checks for pension administrators.

The partnership with the unnamed AI specialist company will investigate how large language modelling can help pension administrators perform quality checks on their calculations. The project int...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Admin / Technology

SPP: What pensions dashboards can learn from Taylor Swift and Oasis

SPP: What pensions dashboards can learn from Taylor Swift and Oasis

Paul McGlone says staggering the launch date of dashboards could help manage demand

Paul McGlone
clock 29 October 2024 • 3 min read
AI and pensions: What are the risks and opportunities?

AI and pensions: What are the risks and opportunities?

Professional Pensions asks the industry whether trustees should be considering AI implementation

Jasmine Urquhart
clock 24 October 2024 • 6 min read
TPR urges industry to drive innovation with technology

TPR urges industry to drive innovation with technology

TPR launches digital, data and technology strategy in bid to reduce regulatory burdens on schemes

Jasmine Urquhart
clock 22 October 2024 • 2 min read
Trustpilot