Knowledge First Financial today announced an increase to the management fee of its Flex First plan, as described in the product’s prospectus. Rising 0.19% from 1.30% to 1.49%, the change will take effect today, on February 1, 2023.
The board of directors of Knowledge First Financial Inc. and the Knowledge First Foundation are pleased to announce the appointment of Andrew Lo as president and CEO, effective immediately.
Knowledge First Financial Inc., Canada’s largest RESP Company, and the Knowledge First Foundation today announced that it has selected a new external auditor for its Flex First and Family Single Student Registered Education Savings Plans.
Knowledge First Financial today announced an increase to its Family Single Student Plan management fee, effective July 1, 2022.
The Board of Directors of Knowledge First Financial Inc. and the Knowledge First Foundation today announced the resignation of its President and CEO, Carrie Russell, effective May 30, 2022. Ms. Russell is stepping down to attend to personal and family matters. She will be succeeded on an interim basis by Mr. Paul G. Renaud until the Board completes a comprehensive executive search for her replacement.
Knowledge First Foundation (“Knowledge First”), the parent company of Knowledge First Financial Inc., Canada’s largest RESP company, is pleased to announce that all Heritage Group and Self-Determined Option (“SDO”) RESPs have been successfully transferred to Family Single Student Plans, effective March 1, 2022.
Knowledge First Foundation (“Knowledge First”), the parent company of Knowledge First Financial Inc., Canada’s largest Registered Education Savings Plan (RESP) company, has successfully sold all issued and outstanding shares of Heritage Education Funds International Inc. (“Heritage International”) to PROVEN Investments Limited (“PROVEN”).
As you may be aware, Knowledge First Financial, along with all other Scholarship Plan Dealers, have been named as a defendant in a class action lawsuit in Quebec, targeting the enrolment fees charged under the Group RESP plans in the province. The lawsuit, filed in 2018, has recently been authorized by the Quebec courts to proceed as a class action.
Knowledge First Foundation (“Knowledge First”), the parent company of Knowledge First Financial Inc., Canada’s largest RESP company, today announces following a subscriber vote that it has secured approval to wind-up the Heritage Group Plan (“Group Plan”) and Self-Determined Plan (“SDO”), transferring existing Heritage RESPs to Knowledge First’s Family Single Student Education Savings Plan (“Single Student Plan”).
New data from Knowledge First Financial shows that almost all (95%) of Canadian parents believe that saving for a child’s post-secondary education is important yet nearly half say COVID-19 has had a negative impact on their ability to save.
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