With the Ontario government soon to return from its summer
hiatus, the A. M. Pension blog also returns. In this post, we
highlight some of the developments in the area of pensions law in
Ontario over the summer and early fall.
Financial Services Regulatory Authority
As many readers will know, effective June 8, 2019, the Financial
Services Regulatory Authority of Ontario ("FSRA")
replaced the Financial Services Commission of Ontario
("FSCO") as the regulator of all employer-sponsored
pension plans registered in Ontario. FSRA has rule-making authority
and is to operate as a principles-based regulator. Its mandate is
to "promote good administration of pension plans, and to
protect and safeguard the pension benefits and rights of pension
plan beneficiaries."
