Announcements

The majority of Ontario’s defined benefit pension plans continue to remain in strong financial positions despite ongoing global economic uncertainty and volatility. Ontario’s financial services regulator (FSRA) released its Q4 2023 Solvency Report which indicated the median solvency ratio reached an

In this Pension eBlast Welcome message & 2024 outlook FSRA reports Q4 2023 Solvency Report New processes, updates and reminders Check it out – It’s a first!! Ontario pension sector overview and activities report Want to learn about FSRA’s new examination process? Stay tuned Changing fees to better

Today, Ontario’s financial services regulator (FSRA) released its third quarter service standards scorecard, and we continue to meet or exceed service targets for 89.5% of our standards. The report measures activities that are provided to industry stakeholders and consumers such as licence renewals

FSRA is pleased to announce it has joined the International Association of Deposit Insurers (IADI) to share best practices in depositor protection and promote financial stability that benefits consumers. IADI’s Core Principles for Effective Deposit Insurance Systems is an internationally recognized

Ontario’s financial services regulator, FSRA, today published its first supervision plan to help ensure fair treatment for people who have, or want to buy, insurance to protect against property damage and loss or liabilities. The plan gives details of FSRA’s upcoming review of property and casualty

Ontario's financial services regulator, FSRA, has imposed administrative penalties in the amount of $9,000 against 1813404 Ontario Corp. o/a CSI Mortgages (CSI Mortgages) and $4,000 against Hansel Patrick (Patrick). CSI Mortgages contravened the Mortgage Brokerages, Lenders and Administrators Act

Five simple steps to make sure the cost-of-living crunch doesn’t derail your future plans Ontario’s financial services regulator is marking the province’s 2nd annual Pension Awareness Day by urging all workers in the province to take the time to start planning for life after they stop working. A

Ontario’s financial services regulator (FSRA) has initiated enforcement action against Lin Liang (Liang), Yujun Shi (Shi), also known as Janet Shi, and Yu Wang (Wang), also known as Jade Wang. FSRA alleges that Liang and Shi contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006

Don’t let your retirement savings slip away Stay connected with your pension plan and keep good records Ontario’s financial services regulator says there are thousands of pension plan members in the province who have lost track of their pension plan, which is estimated to equal over $3 billion in

Ontario consumers with segregated fund contracts will now have stronger deferred sales charge protection. Today, Ontario’s financial services regulator (FSRA) announced that the Minister of Finance has approved a second amendment to the Unfair or Deceptive Acts or Practices (UDAP) Rule. This