The Government Actuary's Department (GAD) supported the Office of the Accountant General with a review of the Strategic Investment Board Framework, according to a report published on 4 August 2026. The framework structures how the Court Funds Office invests money awarded by courts to children and to protected beneficiaries who need help managing their financial affairs.
GAD reviewed the existing framework and made recommendations on its future development. This covered the investment strategy, the balance between expected returns and risk, how factors such as income needs and beneficiary age affect that balance, and the merits and implications of adding further asset classes. GAD modelled the framework and analysed alternative options under a range of future scenarios.
Chris Ward, the GAD investment lead who managed the project, said future investment performance is always uncertain and that GAD does not set policy but provided impartial analysis and advice. The review offered assurance on how the framework operates and informed consideration of how it could evolve.


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