The Framework is intended to reflect the skills that actuaries with approved roles should ideally, rather than must have, and not all of the skills will be relevant to every actuary or put to use in every actuarial activity
The Framework is not intended as an exhaustive list of every skill an actuary might need to discharge his or her duties, but instead reflects many of the personal competencies, areas of knowledge and technical skills that actuaries working in regulatory approved roles rely on to provide advice and meet the wider expectations of the stakeholders which they serve.
The Framework has been developed by the IFoA with input from current actuaries as well as the users of actuarial advice, such as Board members and regulatory bodies