News & Updates
FSRA seeks feedback on proposed 2025-26 Statement of Priorities
December 04, 2024
The Financial Services Regulatory Authority of Ontario (FSRA) is seeking feedback on its proposed 2025-26 Statement of Priorities.
The statement outlines key sector initiatives, generally focusing on stronger stakeholder relations, better consumer outcomes, and more modernized systems within each sector. It is designed to form the core of FSRA’s Annual Business Plan, which then goes to the Minister of Finance for approval.
Key pension activities noted in the statement include:
- Continued prudential supervision of large public sector pension plans (“LPSPPs”).
- Implementation of a supervisory approach of multi-employer pension plans (“MEPPs”).
- Supporting the implementation of the new Target Benefits framework, including a conversion process.
- Refreshing and modernizing key pieces of guidance and pension forms.
To view the statement and provide feedback, click on more information below. The deadline for submissions is December 6, 2024.
