Financial Services Regulatory Authority – Benefits Canada.com

FSRA names Andrew Fung EVP of pensions

bmcgovern — Wed, 20 Mar 2024 19:00:37 +0000

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 […]

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OSFI, FSRA name members of new DC plan committee

mschmit — Fri, 20 Nov 2020 12:00:54 +0000

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: […]

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FSRA updates guidance for pension plans concerned about filing deadlines

mschmit — Tue, 23 Jun 2020 05:30:22 +0000

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 […]

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