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.
MISSISSAUGA, ON, Sept. 18, 2020 / CNW / – The Board of Directors, Knowledge First Financial is pleased to announce that Carrie Russell is joining the company as President and CEO.
Two families receive a cash prize of $5,000 each to spend as they wish!
We are pleased to announce the winner from our 2019 $5000 National RESP Contest. Congratulations to the winner!
At Knowledge First Financial, we are committed to reducing our carbon footprint. One way to achieve this goal is by offering our customers the convenience of e-documents.
Earlier this month, Hurrican Dorian, a category 5 hurricane caused extensive devastation on the islands of Abaco and Grand Bahama in the Bahamas. Knowledge First Financial through Heritage Education Funds International has regional offices in Bermuda, Jamaica, the British Virgin Islands, and the Bahamas.
Canada’s largest RESP Company, Knowledge First Financial, knows first hand that education savings help students succeed. As an extension of this belief, the company offers scholarships to students who are continuing their education at the graduate level as they pursue a dream of making a difference in the world. Meet the 2019 scholarship winners.
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