The Financial Services Regulatory Authority of Ontario (FSRA) announced that it is forming four new standing technical advisory committees to advise the regulator on matters related to the pension industry.  The committees will also advise FSRA o proposed pension regulatory guidance and identify issues that arise out of existing pension legislation. The committees will respond to industry feedback, and address challenges specific to defined benefit, single employer plans, defined contribution plans, multiple employer plans and public sector plans.

FSRA says it will select committee member based on their pension knowledge, areas of expertise and level of experience. Committees meet at least twice a year. Term commitments for committee members will be two or three years. Deadline to submit a member application to one of the standing technical advisory committees is November 1, 2019.