News & Updates
FSRA sets three-year strategy to bolster consumer protection and modernize pension regulation
November 03, 2025
The Financial Services Regulatory Authority of Ontario (“FSRA”) has released its 2025-2028 Annual Business Plan, setting out its core strategy for the next three fiscal years.
On September 19, 2025, the Minister of Finance approved the plan, which also incorporates stakeholder feedback on the regulator’s 2025-26 Statement of Priorities.
FSRA’s priorities in the pension sector include:
- Enhancing supervision of the pension sector through proactive engagement with large public sector pensions and multi-employer pension plans and supporting the implementation of the new target benefits framework.
- Advancing regulatory excellence and plan member outcomes, with a focus on public education and modernized guidance.
Click ‘More Information’ below to review the Plan:
