Learning about RESPs

By Bruce Sellery  |  MoneySense  |  April 2, 2012

The fees you pay to invest your money can have a profound impact on your returns over time. This goes for any type of investing, not just RESPs. And that fact is scholarship trusts cost more. Jason Heath is a CFP and fee-only financial planner at Objective Financial Partners explains: “There are higher overhead costs to run the company. The salespeople need to get compensated and the additional service they provide—which may or may not be beneficial to the average parent—are expensive.” read full article

This article is intended for educational purposes only and does not constitute personalized advice. The strategies and information discussed may not be suitable for your individual situation or may not be up-to-date and current. Please seek guidance from a licensed professional for advice specific to your circumstances.

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