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; and
• Regulators, including professional bodies - in undertaking and reporting on the regulation of actuaries and the entities they inform and advise.

Related Links

• The Actuarial Quality Framework (June 2010)

• Discussion Paper: Promoting Actuarial Quality (May 2008) A 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)

• Actuarial Quality Framework (January 2009) - the first draft was revised in June 2010 based on comments received.