Registered Education Savings Plan

Policygenius Survey: More Than 1 in 4 Parents Feel Less Financially Prepared to Raise Their Child Due to the COVID-19 Pandemic

Retrieved on: 
Tuesday, June 8, 2021
Retirement, Termination of employment, Registered Education Savings Plan

One in three said they tapped their emergency, retirement or travel savings to pay for extra expenses during the pandemic.

Key Points: 
  • One in three said they tapped their emergency, retirement or travel savings to pay for extra expenses during the pandemic.
  • Among parents who felt less financially prepared, over half (56%) dipped into their savings, including emergency, retirement, college or travel savings.
  • Additional findings from the second Policygenius Parents & Moneysurvey include:
    Looking back, 45% of parents say they were not financially prepared to have a child.
  • Policygenius' survey is based on responses from a nationally representative sample of 1,500 U.S. parents with at least one child 18 or under.

Somos, Inc.'s Suite of Authentication Enablement Solution Expanded with General Availability Release of RealNumber® DNO

Retrieved on: 
Tuesday, June 1, 2021
North American Numbering Plan, Somos, Inc., DNO, DNO, Database, Registered Education Savings Plan

At a time when consumer protection is at a premium, RealNumber DNO is an effective solution for combatting fraudulent activity and spoofed phone calls.

Key Points: 
  • At a time when consumer protection is at a premium, RealNumber DNO is an effective solution for combatting fraudulent activity and spoofed phone calls.
  • As of current, the RealNumber DNO database contains over 28M records, which includes a combination of Resp Org identified numbers and TFNs that are not in an active status.
  • To celebrate RealNumber DNO's transition to industry General Availability, Somos is excited to offer a limited time promotion for new and existing users.
  • Resp Orgs will continue to have the ability to input numbers into the RealNumber DNO database on behalf of their customers.

Iveric Bio Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Tuesday, May 4, 2021
Biotechnology, Pharmaceutical, Health, Finance, Corporate finance, Money, Inheritance, Labour law, Property law, Vesting, Restricted stock, Registered Education Savings Plan, Law

b'IVERIC bio, Inc. (NASDAQ: ISEE) today reported that on May 3, 2021, the Company granted equity-based awards pursuant to the Company\xe2\x80\x99s 2019 Inducement Stock Incentive Plan to four newly hired, non-executive employees.

Key Points: 
  • b'IVERIC bio, Inc. (NASDAQ: ISEE) today reported that on May 3, 2021, the Company granted equity-based awards pursuant to the Company\xe2\x80\x99s 2019 Inducement Stock Incentive Plan to four newly hired, non-executive employees.
  • The two grants of restricted stock units for shares of the Company\xe2\x80\x99s common stock each vest with respect to 100% of the shares underlying the grant on May 3, 2022.
  • The vesting of each grant is subject to the employee\xe2\x80\x99s continued service with the Company through the applicable vesting date.
  • The inducement grants are subject to the terms and conditions of award agreements covering the grants and the Company\xe2\x80\x99s 2019 Inducement Stock Incentive Plan.\nIveric Bio is a science-driven biopharmaceutical company focused on the discovery and development of novel treatment options for retinal diseases with significant unmet medical needs.

Somos, Inc. Extends Support for June 2021 STIR/SHAKEN Mandate with General Availability Release of RealNumber RTU

Retrieved on: 
Tuesday, April 20, 2021
North American Numbering Plan, Somos, Inc., TNSP, Validation, Registered Education Savings Plan, RTU, DNO, RTU

"\nRealNumber RTU accomplishes this objective by validating the assignment by a Telephone Number Service Provider (TNSP) of a Toll-Free Number.

Key Points: 
  • "\nRealNumber RTU accomplishes this objective by validating the assignment by a Telephone Number Service Provider (TNSP) of a Toll-Free Number.
  • One of its key differentiators is that it is the only solution whose baseline for validation comes directly from the Responsible Organization (Resp Org) of Record.
  • Notably, TFNs that are not in an active status have been pre-loaded and flagged as DNO.
  • To learn more about Somos, please visit www.somos.com .\nView original content to download multimedia: http://www.prnewswire.com/news-releases/somos-inc-extends-support-for-ju...\n'

Americans are Reconsidering Investing in Education due to COVID-19, Edward Jones Finds

Retrieved on: 
Tuesday, September 1, 2020
Articles, Mental health, Financial literacy, OECD, Finance, Registered Education Savings Plan, Psychological resilience

"In this period of uncertainty, it is more important than ever for Americans to be aware of all the available education savings options," said Tim Burke, Edward Jones principal responsible for education savings.

Key Points: 
  • "In this period of uncertainty, it is more important than ever for Americans to be aware of all the available education savings options," said Tim Burke, Edward Jones principal responsible for education savings.
  • Although Americans recognize the importance of saving for education, there is a gap between actual savings and comfort with what they have saved.
  • As part of its ongoing effort to increase financial resilience around topics like education savings, Edward Jones has established the Edward Jones Financial Fitness program using EverFi's online curriculum.
  • The program includes free financial education resources for Edward Jones clients, associates and communities.

FAIR Canada Calls for COVID-19 Relief for Vulnerable Subscribers of Group RESP Plans

Retrieved on: 
Thursday, April 23, 2020
Registered Education Savings Plan, Canadian Securities Administrators, Canadian securities regulation, Ontario Securities Commission, CSA, Government of Canada, Economy of Canada, Economy

TORONTO, April 23, 2020 (GLOBE NEWSWIRE) -- FAIR Canada has appealed to the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA) to provide urgent relief to subscribers of group plan RESPs, and to provide industry guidance in relation to suitability for new group plan RESP subscribers.

Key Points: 
  • TORONTO, April 23, 2020 (GLOBE NEWSWIRE) -- FAIR Canada has appealed to the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA) to provide urgent relief to subscribers of group plan RESPs, and to provide industry guidance in relation to suitability for new group plan RESP subscribers.
  • FAIR Canada additionally calls on the OSC and CSA to issue group plan RESP industry guidance regarding the assessment of suitability with respect to new sales and subscription activity that considers the current environment.
  • Group plan RESP promoters and managers are scholarship plan dealer and investment fund manager registrants, variously registered with CSA members.
  • Note: FAIR Canadas policy submissions with respect to group plan RESPs include:
    FAIR Canada letter to the OSC and CSA of April 21, 2020
    FAIR Canada Submission to the CSA of July 7, 2010
    FAIR Canada Submission to the CSA of January 24, 2012
    About FAIR Canada: FAIR Canada is an independent national charitable organization.

Notice from the Office of the Secretary - Ontario Securities Commission

Retrieved on: 
Tuesday, March 10, 2020
Registered Education Savings Plan

ISSAM EL-BOUJI and GLOBAL RESP CORPORATION AND GLOBAL GROWTH ASSETS INC., File Nos.

Key Points: 
  • ISSAM EL-BOUJI and GLOBAL RESP CORPORATION AND GLOBAL GROWTH ASSETS INC., File Nos.
  • 2018-28 and 2020-7
    TORONTO, March 10, 2020 /CNW/ -Following a hearing held today, the Commission issued an Order in the above named matters approving the Settlement Agreement reached between Staff of the Commission and Issam El-Bouji, Global RESP Corporation and Global Growth Assets Inc.
    Take notice the hearing dates in the matter of Issam El-Bouji scheduled for April 20, 21, 22, and 24, 2020 are vacated.
  • A copy of the Order dated March 10, 2020 and Settlement Agreement dated March 3, 2020 are available at www.osc.gov.on.ca .

Notice from the Office of the Secretary - Ontario Securities Commission

Retrieved on: 
Thursday, March 5, 2020
Registered Education Savings Plan, R (Miller) v Secretary of State for Exiting the European Union, Public law, Constitutional law, Law

IN THE MATTER OF GLOBAL RESP CORPORATION AND GLOBAL GROWTH ASSETS INC., File No.

Key Points: 
  • IN THE MATTER OF GLOBAL RESP CORPORATION AND GLOBAL GROWTH ASSETS INC., File No.
  • 2020-7
    TORONTO, March 5, 2020 /CNW/ - The Office of the Secretary issued a Notice of Hearing for a hearing to consider whether it is in the public interest to approve a settlement agreement entered into by Staff of the Commission and Global RESP Corporation and Global Growth Assets Inc. in the above named matter.
  • The hearing will be held on March 10, 2020 at 10:00 a.m. on the 17th floor of the Commission's offices located at 20 Queen Street West, Toronto.
  • A copy of the Notice of Hearing dated March 5, 2020 and the Statement of Allegations dated March 4, 2020 are available at www.osc.gov.on.ca

Government of Canada celebrates Education Savings Week, November 17-23, 2019

Retrieved on: 
Friday, November 15, 2019
Registered Education Savings Plan, Canada Education Savings Grant, Canada Learning Bond

GATINEAU, QC, Nov. 15, 2019 /CNW/ - November 17-23, 2019, marks Education Savings Week, a nationally recognized week dedicated to encouraging Canadians to start saving early for a child's post-secondary education.

Key Points: 
  • GATINEAU, QC, Nov. 15, 2019 /CNW/ - November 17-23, 2019, marks Education Savings Week, a nationally recognized week dedicated to encouraging Canadians to start saving early for a child's post-secondary education.
  • For that reason, the Government of Canada offers a number of education savings incentives to make post-secondary education more affordable for more Canadians.
  • Families can benefit from thousands of dollars in savings incentives from the Government, and it all starts with opening up a Registered Education Savings Plan (RESP).
  • When an RESP is opened for a child, the Government of Canada tops up savings through the Canada Education Savings Grant.

CST Spark Inc. offers the next generation of Registered Education Savings Plans to Canadians

Retrieved on: 
Tuesday, November 12, 2019
Registered Education Savings Plan, Spark, CST

TORONTO, Nov. 12, 2019 /CNW/ -CST Spark Inc., a digital-first education savings company, is pleased to announce Bright Plan, a flexible Registered Education Savings Plan (RESP), now available to all Canadians.

Key Points: 
  • TORONTO, Nov. 12, 2019 /CNW/ -CST Spark Inc., a digital-first education savings company, is pleased to announce Bright Plan, a flexible Registered Education Savings Plan (RESP), now available to all Canadians.
  • CST Spark, a subsidiary of the Canadian Scholarship Trust Foundation (CST), is the newest member of the CST family empowering Canadians to achieve their education savings goals through easy-to-use technology on their digital devices, at any time.
  • As the creators of Registered Education Savings Plans almost 60 years ago, CST Spark allows us to continue our journey to help more Canadians access the power of education," said Sherry MacDonald, President and CEO of the Canadian Scholarship Trust Foundation.
  • To learn more about Bright Plan, please visit: www.cstspark.ca
    Launched in 2018, CST Spark Inc. is a digital-first education savings company dedicated to helping Canadians plan to make post-secondary education possible.