That’s a good question! Here at CST Spark, we’re looking to take RESPs to the next level by giving customers, like you, greater transparency, flexibility and more options with your RESP.
In order to do this, we’ll be launching a family of mutual funds, the CST Spark Education Portfolios.
With this change, The Canadian Scholarship Trust Foundation and C.S.T. Spark Inc. will be winding down the CST Bright Plan and replacing it with new CST Spark RESP accounts invested in the CST Spark Education Portfolios. As a CST Spark Bright Plan customer, we’re asking you to vote on amending your current Education Savings Plan Agreement to enable these proposed changes.
Rest assured that everything you love about CST Spark won’t change. We’ll still make saving for your little superstar’s education easy. You’ll still be able to manage your RESP online from the comfort of your own home. We’ll keep our fees competitive and will continue to invest your RESP based on the age of your child with the same important goal in mind: that you can help pay for post-secondary education when the time comes.
Want to learn more about CST Spark Education Portfolios and their benefits? Check this out.
If you’re wondering about next steps, you can read more information here.