Actuarial Quality Framework

The Actuarial Quality Framework aims to assist:

• Actuaries - in seeking to provide high quality actuarial work for the benefit of users.
• Actuaries' direct clients and employers, as well as their representatives and advisers - in evaluating the quality of actuarial information and advice and making appropriate decisions based on it.
• All stakeholders including end-users and their representatives - in evaluating the effectiveness with which actuarial quality is being promoted and achieved on their behalf.
• Regulators, including professional bodies - in undertaking and reporting on the regulation of actuaries and the entities they inform and advise.

Discussion Paper: Promoting Actuarial Quality (May 2008) an FRC discussion paper issued in conjunction with the Board for Actuarial Standards on the principal drivers and threats to actuarial quality.

Summary of responses to Discussion Paper: Promoting Actuarial Quality (January 2009)

Responses to Discussion Paper: Promoting Actuarial Quality (May 2008)

Actuarial Quality Framework (January 2009)

We plan to review the framework early in 2010 based on responses received.