Meeting summary - September 25, 2025

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Standing Technical Advisory Committee for Defined Contribution (DC) Pension Plans 

Meeting summary

Date: September 25, 2025
Time: 10:30am – 12:00pm
Location: Hybrid

This summary sets out the key points discussed at the September 25, 2025 meeting.

General items

• The Committee discussed the use of income stream estimates on member statements and disclosure around how any projections are arrived at.
• The Committee raised and discussed FSRA’s rule-making authority.

FSRA updates

• FSRA is undertaking an internal data clean up initiative. More details will be available in the coming E-Blast.
• FSRA is planning for the 4th annual Pension Awareness Day campaign. Pension Awareness Day will be February 19, 2026. FSRA is beginning work with communications and other stakeholders.

Target Benefit Supervisory Framework

• FSRA updated the Committee on the consultation which closes October 14, 2025 for FSRA’s Target Benefit Supervisory Framework guidance.

International Monetary Fund report

• FSRA discussed the outcomes of the IMF’s recently published Financial Sector Assessment Program (FSAP) report. This report was the outcome of a review by the IMF of various aspects of FSRA’s pensions oversight. IMF’s 2025 FSAP was the first review of Canada’s pension sector stability and regulatory and supervisory regime.

Next meeting

The next meeting of the Committee is scheduled for Winter 2026.

Attendance record