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The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as executive vice-president of pensions, effective March 11, 2024. Fung first joined the Financial Services Commission of Ontario (the FSRA’s predecessor) in 2018 as chief actuary. In 2019, he was appointed the FSRA’s head of relationship management and prudential supervision (pensions), later becoming acting […]

  • By: Staff
  • March 20, 2024 March 20, 2024
  • 15:00
OSFI, FSRA name members of new DC plan committee

The Office of the Superintendent of Financial Institutions and the Financial Services Regulatory Association of Ontario have selected members for their new joint advisory committee on defined contribution pension plans. The committee will review the regulators’ approaches to supervising DC plans and, where possible, enhance regulatory efficiency and effectiveness by finding opportunities for harmonization. Read: […]

  • By: Staff
  • November 20, 2020 November 20, 2020
  • 16:00

The Financial Services Regulatory Authority of Ontario is updating its guidance for pension plans around filing deadlines and member communications. The update reflects the government of Ontario’s regulations amending the Pension Benefits Act. The amendments are effective as of June 18 or some period relative to that date, which may mean the regulation changes won’t provide relief to some administrators if their […]

  • By: Staff
  • June 23, 2020 November 26, 2020
  • 09:30