As reported by one of our contributors, "Heritage has been under investigation by the Ontario Securities Commission for the past year. They have also been fined $50,000 by the BC Securities Commission."

It has been suggested that we "reach out to the securities commission in our home province or at least to the Ontario Securities Commission so that they know that the underhanded practices are still continuing." Great idea!

It is evident that many families are suffering emotionally and financially at the hands of Heritage but, for obvious reasons, people want to remain anonymous on this site. Perhaps you would be willing to share which province you are from, so that we can demonstrate to the Securities Commission, the reach of Heritage's bad behaviour? To put it mildly!

CBC News : Canada - Group RESPs: Reading the Fine Print

Here is a link to an older ('10) but informative CBC News article on Group RESPs. It is quite thorough in it's approach to navigating the Pros and Cons of this sort of savings plan. Well worth the read if you are looking for an RESP.

Scarey Business Practices

A lot of scarey stories regarding the business practices of Heritage Education Funds have been posted on this site. We now have a link to a recent CTV Consumer Report, an example of the misconduct/polices of Heritage. CTV Consumer Alert: Family Fights For RESP Money

It has been suggested recently that we take this collection of accounts to the media and/or seek legal council. Does anyone reviewing this blog have any solid advice on how to proceed? Let's see if we can't put our heads together?!