Announcements

The Financial Services Regulatory Authority of Ontario (FSRA) has released its Q3 2025 Solvency Report for Defined Benefit Pension Plans and they remain financially strong in an unstable global economic environment. The report, which covers the period July 1, 2025 to September 30, 2025, reveals a

On this page Welcome message FSRA reports Q3 2025 Solvency Report for Defined Benefit Pension Plans Pension reminders Reminders and clarifications regarding Buy-Out Annuity Discharge Requirements: PBA and Ontario Regulation 193/18 Reminder about Incremental Cost (IC) Reporting in Actuarial

The Financial Services Regulator of Ontario (FSRA) has imposed an administrative penalty in the total amount of $80,000 against Gurpreet Singh Ghuman (Ghuman). Ghuman contravened the Insurance Act, R.S.O. 1990, c I.8 by acting as a life insurance agent while not being duly licensed, contrary to

The Government of Ontario has appointed Douglas E. Turnbull, ICD.D, as the next chair of the Financial Services Regulatory Authority of Ontario (FSRA), effective Jan. 1, 2026. The appointment was made on the recommendation of Finance Minister Peter Bethlenfalvy. Turnbull has served on FSRA’s board

We are pleased to send you the November summary of key activities from the Financial Services Regulatory Authority of Ontario (FSRA). The newsletter is designed to help you quickly review key initiatives during the past month. Our goal is to provide you with relevant communications and information

FSRA seeks new members for its Consumer Advisory Panel The Financial Services Regulatory Authority (FSRA) is looking for new members to join its Consumer Advisory Panel. As a Panel member, you can help protect consumers and shape the future of financial services in Ontario. Your perspectives would

The Financial Services Regulator of Ontario (FSRA) has initiated enforcement action against Hardeep Minhas (Minhas). FSRA alleges that Minhas contravened the Insurance Act, R.S.O. 1990, c.I.8 and its regulations by paying a rebate to a person applying for insurance as an incentive to purchase an

In its 2025 Auto Supervision Interim Report, the Financial Services Regulatory Authority of Ontario (FSRA) found that insurance companies need to adopt stronger controls, enhanced documentation, and improved oversight to ensure fair consumer outcomes and compliance with regulatory requirements. Over

With one week to go, the Financial Services Regulatory Authority of Ontario (FSRA) is reminding licensed insurance companies in Ontario that they must file their Annual Auto Insurance Attestation. The signed form must be submitted by email to [email protected] by October 31, 2025. Under

The Financial Services Regulatory Authority of Ontario (FSRA) expects all regulated entities and individuals to take steps to ensure consumers, pension plan beneficiaries, credit union members and any other person whom they must communicate with are treated fairly during the Canada Post service