Compliance Memorandum 2017-01; DSC Purchases

For further information, please contact:

Serge Vaillancourt
Senior Compliance Officer
(416) 622-9969 ext. 240
svaillancourt@gpwealth.ca

Compliance Memorandum 2017-01; DSC Purchases
Date Issued: January 1, 2017

Effective March 1, 2017, GP Wealth Management Corporation will no longer allow the purchase of DSC funds for clients 60 years of age or older.

This policy change comes as a result of a review of our policies and procedures, and in conjunction with our most recent MFDA Audit as well as the increased awareness of and scrutiny surrounding seniors' issues.