FSRA releases third annual Pensions Sector Overview and Activities Report
June 03, 2026
The Financial Services Regulatory Authority of Ontario (FSRA) recently released its 2025 Ontario Pensions Sector Overview and Activities Report.
The report analyzes Ontario’s workplace pension landscape, giving stakeholders useful insight into the sector’s makeup, as well as FSRA’s activities and regulatory efforts.
According to FSRA, the Ontario pensions sector remains resilient, diverse, and integral to retirement security for millions of workers and retirees.
FSRA reports that total pension assets reached approximately $916 billion in 2025, reflecting year-over-year growth of approximately 5%. While the number of registered plans had a modest decline, overall membership increased to roughly 4.8 million members. The sector also showed strong diversification across plan types, though DB plans still account for the majority of members and assets, particularly within jointly sponsored pension plans. FSRA also reports it will be taking steps to strengthen its oversight of DC plans through enhanced data collection and transparency, including reporting on fees and default investment options.
The report found that the most significant issue in the pension sector is missing members.
Overall, Ontario’s workplace pension sector remained stable in 2025.
The findings are based on pension plans regulated by FSRA as of December 31, 2025.
Click on ‘More information’ below to read the report:
