Announcements

We are pleased to send you the March 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 to

The Financial Services Regulatory Authority of Ontario (FSRA) has released its Q4 2025 Solvency Report for Defined Benefit Pension Plans, and they continue to remain financially stable and strong in an unstable global economic environment. The report, which covers the period October 1, 2025 to

On this page Welcome message FSRA reports Q4 2025 Solvency Report indicates Defined Benefit Pension Plans remain strong Pension reminders Don’t forget pension plan amendments related to wind ups and asset transfers must be filed Contribution holiday: Key points to consider Incremental cost reporting

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers about Assureway Protection Corporation. Assureway Protection had been providing consumers with Guaranteed Asset Protection (GAP) insurance in connection with the purchase of new and used vehicles. FSRA has

The Financial Services Regulatory Authority of Ontario, FSRA, has imposed two (2) administrative penalties in the total amount of $20,000 against Shan Jamal (Jamal). Jamal contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c. 29, as amended (the Act) and its

The Financial Services Regulatory Authority of Ontario (FSRA) has revoked the life insurance and accident & sickness insurance agent licence of Jonathan Matthew Warden (Warden). Warden is not suitable to be licensed under the Insurance Act, R.S.O. 1990, c I.8 (Act). Warden demonstrated

The Financial Services Regulatory Authority of Ontario (FSRA) is pausing work to finalize the proposed Rule and implement a licensing regime for Life and Health Managing General Agents (L&H MGAs), which had been targeted for June 1, 2026. The Government of Ontario will communicate next steps

The Financial Services Regulatory Authority of Ontario (FSRA) is pleased to announce the appointment of Russell White as Chief Information Officer (CIO), effective February 25, 2026. Mr. White brings more than 20 years of senior leadership experience across information technology, digital

The Financial Services Regulatory Authority of Ontario (FSRA), has imposed a compliance order on Andi Efovia (Efovia) to cease and desist from conducting insurance business in Ontario and imposed administrative penalties in the total amount of $25,000 on Efovia. Efovia contravened the Insurance Act

Ontarians urged to close the retirement readiness gap during fourth annual Pension Awareness Day More employees are participating in workplace pension plans in Ontario, but many people haven’t taken simple steps to help determine whether they’re on track to retire comfortably, according to the