Momentum Publishes Research Findings
Monday, December 12, 2011
Financial Literacy and Banking—RESPs
This document:
- Presents the importance of Registered Education Savings Plans (RESPs) as a poverty prevention and reduction tool and a valuable product for financial institutions.
- Presents findings from a survey and focus group of financial institutions and RESPs.
- Presents an overview of some of the challenges and successes related to accessibility of RESPs for families living on a low income in Calgary.
- Invites financial institutions to further explore ways in which they can address barriers to banking and the RESP for families living on a low income.