News & Updates
FSRA pension update includes new guidance for members and employers
March 14, 2023
Ontario’s Financial Services Regulatory Authority (FSRA) published a pension update last month, which includes new guidance for members and employers, including:
- A new member guide to provide defined benefit pension plan members with information about commuted values after termination of employment.
- A new employer guide on communicating the ins and outs of pension plan offerings to employees, including tips on transitioning to digital channels such as social media platforms like TikTok, Instagram, or LinkedIn.
- Guidance for employers who offer defined contribution pension plans, including a summary of key employer responsibilities.
See the full update by clicking on more information:
