Stakeholder Advisory Committees
This Stakeholder Advisory Committee (SAC) advises the Board on FSRA’s priorities and budget, and other matters the Board deems appropriate, as they relate to the Life & Health Insurance sector. It is an important part of FSRA’s stakeholder engagement process in the Life & Health Insurance sector.
You can find more information about each committee by following these links:
Technical Advisory Committees
Technical advisory groups and committees provide advice, input and feedback to FSRA management on matters related to the Rules of Practice and Procedure, Filing Requirements, Guidelines, operational policies and other matters. In response to ongoing trends observed in the sector, the Advisory Committees will advise FSRA on the following:
- potential frameworks for regulating and supervising distribution channels that rely on managing general agencies (MGAs)
- increasing regulatory effectiveness of segregated funds
To learn more about member qualifications and responsibilities, see the Terms of Reference for each Advisory Committee:
- Insurer Oversight of Managing General Agencies
- Segregated Funds
- Technical advisory committee for insurance prudential regulation
Consumer Advisory Panel
FSRA’s Consumer Advisory Panel provides a consumer perspective to help inform FSRA’s work. Working closely with our Consumer Office and executive team, the Panel advises FSRA on proposed policy changes and related activities, including consumer-based research, policy support and consumer outreach. It helps to ensure that the perspectives of consumers (including pension beneficiaries, credit union members and the general public) inform our direction and decisions, a key priority for FSRA.
Visit the Panel’s webpage to find more information about its activities, membership and Terms of Reference.