New initiative will allow family, friends and other loved ones to contribute to children’s education savings electronically
Shaida Bandali accessed patient information of new mothers and sold a list to scholarship plan dealers
Maternity patient data sold to RESP dealers
Minister of State (Social Development) Candice Bergen reminds advisors to make sure they tell clients about government savings vehicles for education and the disabled (RESPs and RDSPs) She spoke at the CIFPs 2015 annual conference in Vancouver.
The regulator alleges that the accused purchased stolen personal information in order to market RESP products to new parents
Lack of awareness, budget challenges could be factors
The Alberta Centennial Education Savings Plan was created in 2005
Reduction in specified percentages for Target Date Funds 2015, 2020, 2025 and 2030
The former hospital work is alleged to have sold maternity patient information to a RESP reps
Portfolios managed based on child’s year of birth and gradually become more conservative