Announcements

FSRA released its Health Service Provider Supervision Plan to help maintain fair and reasonable auto insurance rates for consumers The Financial Services Regulatory Authority of Ontario (FSRA) today released a two-year supervision plan for Health Service Providers which will focus on higher risk

FSRA is seeking feedback on its new 2022 Fee Rule to help ensure it is fair, consistent, and transparent. FSRA is proposing changes to the rule that governs the way it assesses and collects fees from the sectors it regulates. This is to align with FSRA’s updated Fee Rule vision and principles, such

The Financial Services Regulatory Authority of Ontario (FSRA) is taking steps to better protect customers by proposing to eliminate deferred sales charges (DSC) on new segregated fund contracts, and restricting their use on existing ones. DSCs are sales charges that customers pay if they withdraw

FSRA’s innovation office releases summary report of stakeholder proposals and trends The Financial Services Regulatory Authority of Ontario (FSRA) is taking steps to support an innovative, thriving mortgage brokering sector in Ontario. As a result of FSRA’s Innovation Office consultations with

The Financial Services Regulatory Authority of Ontario (FSRA) is proposing updates to the way it calculates annual deposit insurance premiums for credit unions. This new approach would make the premiums more equitable, and fair by linking the “riskiness” of an individual credit union with the level

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that Syed Nasir Hussain Zaidi (also known as Syed Nasir Zaidi Hussain) is not licensed to conduct mortgage business in Ontario. This unlicensed individual also operates through his sole proprietorships, QSAB Traders

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers to avoid using Canada Lending Corp to obtain a mortgage as it is not licensed by FSRA to conduct mortgage business in Ontario. Canada Lending Corp is located at 380 Wellington Street Tower B, 6 th floor, London

The Financial Services Regulatory Authority of Ontario’s (FSRA) Q3 2022 solvency report finds that the majority of Ontario pensions are generally in good health at the end of the third quarter despite economic challenges and market volatility. In fact, most of Ontario pension plans are projected to

In this Pension eBlast New Guidance Final Guidance on actions to avoid deregistration of a pension plan under the Federal Income Tax Act FSRA reports Q3 2022 Solvency Report New processes, updates and reminders New process: Mandatory portal use for submissions begins January 1, 2023 New: Upcoming

Pension plan administrators and their service providers are increasingly relying on technology for asset management, and personal and confidential data collection, making them potential targets for cyber attacks. During a live webinar on November 29, 2022, be the first to know about current cyber