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ARTICLE · 10 APRIL 2018

The OSC's Seniors Strategy – Protecting Investors

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The Ontario Securities Commission ("OSC") published a Seniors Strategy in March, 2018 focused on investor protection for the aging population (an estimated 1 in 4 Ontarians will be aged 65 or older by 2041).

CanadaConsumer Protection
Ziad Yehia
Ziad Yehia
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The Ontario Securities Commission ("OSC") published a Seniors Strategy in March, 2018 focused on investor protection for the aging population (an estimated 1 in 4 Ontarians will be aged 65 or older by 2041). The financial lives of individuals aged 65 and older are becoming more complex, with incomes coming from more potentially volatile sources, higher debt levels, and a greater share of assets in less liquid assets, such as real estate, than was the case 20 years ago. For many people, aging can also be accompanied by health changes, which makes them susceptible to fraud. These trends indicate that Ontarians will be called upon to make complex financial judgments later in life, with higher stakes and more challenges, than may have been the case for previous generations.

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