Announcements
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FSRA Reports to the Pension Sector on its New Approach on Reviewing s.19 Commuted Value Transfer Applications Introduced in May 2020.
Announcements
Pensions
All
FSRA reports to the pension sector on its New Approach on Reviewing s.19 Commuted Value Transfer Applications introduced in May 2020. Read More
FSRA Releases Q3 2020 Estimated Solvency Funded Status of Defined Benefit Pension Plans in Ontario
Reports
Pensions
All
FSRA has released its Q3 2020 Estimated Solvency Report for Ontario's Defined Benefit Pension Plans. The report helps FSRA promote good administration of pension plans, and is a supervisory tool FSRA uses to improve outcomes for pension plan beneficiaries. Learn more at: Quarterly Update on
FSRA Warns The Public About Employment Offers Linked To Buying Life Insurance
Warnings
Life and Health Insurance
All
TORONTO, November 6, 2020 - The Financial Services Regulatory Authority of Ontario (FSRA) is warning the public to be cautious of offers for employment that are linked to the purchase of life insurance policies. It has come to FSRA’s attention that insurance agents may be offering false job
FSRA Highlights, November 2020
Newsletters
Cross Sector
All
Welcome to the first monthly FSRA Highlights e-newsletter. This summary newsletter from The Financial Services Regulatory Authority of Ontario (FSRA) is designed to help you quickly review the key announcements issued during the past month. Our goal is to provide you with meaningful communications
FSRA Seeks Public Feedback on the Proposed Enhancements to its Liquidity Guidance—Consultation Opens Today
Announcements
Credit Unions and Caisses Populaires
All
TORONTO, November 2, 2020 – The Financial Services Regulatory Authority of Ontario (FSRA) continues to make the protection of credit union members’ deposits and the stability of the credit union sector a priority. Ontario’s Credit Union sector is well capitalized and has strong liquidity, so it can
FSRA Announces New Member of Board of Directors
Announcements
Cross Sector
All
TORONTO, October 27, 2020 – Financial Services Regulatory Authority of Ontario Chair Bryan Davies, is pleased to announce the appointment of Stewart Lyons to the FSRA board of directors to serve a three-year term. Stewart is a nationally recognized business leader who has extensive experience in
FSRA Changing its Process for Providing Regulatory Consent to Asset Transfers
Announcements
Pensions
All
TORONTO, October 22, 2020 – The Financial Services Regulatory Authority (FSRA) is changing its process for consenting to asset transfers under section 80.4 of the Pension Benefits Act (PBA). An asset transfer occurs when a single employer pension plan is converted and transferred into a jointly
FSRA and OSFI Collaborating on Defined Contribution (DC) Plans
Announcements
Pensions
For Industry
FSRA and OSFI establish a committee to collaborate on defined contribution plans The Financial Services Regulatory Authority of Ontario (FSRA) and the Office of the Superintendent of Financial Institutions (OSFI) are establishing a new special purpose committee and are hoping to attract the
FSRA has posted its 2019 Report on the Funding of Defined Benefit Pension Plans in Ontario (Report)
Reports
Pensions
For Industry
FSRA has posted its 2019 Report on the Funding of Defined Benefit Pension Plans in Ontario (Report). As part of FSRA’s efforts to deliver on our mandate to promote good administration of pension plans, and to protect and safeguard the pension benefits and rights of pension plan beneficiaries, this
FSRA Continuing Focus on Regulatory Effectiveness and Efficiency in Proposed Statement of Priorities
Reports
Cross Sector
All
TORONTO, ON – October 13, 2020 – The Financial Services Regulatory Authority of Ontario (FSRA) is publishing its proposed 2021-22 Statement of Priorities and Budget for public consultation. The draft priorities outline cross-sector and sector-specific initiatives focused on improving regulatory