Planswell shuts down
Toronto-based FinTech startup Planswell is no more. In a notice posted on the company's website, Planswell indicates that all 57 employees have lost their jobs as a result of the startup's shutdown. Planswell provided a financial planning service to Canadians, allowing them to quickly build financial plans, while also acting as a brokerage to connect them with mortgage, investment, and insurance offers.
Planswell shut down, transferring RRSP & TFSA - looking for best options.
Current Standing: 27M, 10k RRSP, 4K TFSA, 8K emergency fund. Planswell recently went out of business. I had/have my RRSP and TFSA with them (emerg is in a HISA at my bank). As stated by Planswell: "For next steps, you have the choice to transfer out or remain with BBS Securities, who will continue to hold your investments, exactly as they are, if you do nothing.
A Toronto startup folded after a sexual harassment claim. This is the woman who spoke out
Davinia Chew was sitting across from her former boss at a Fran's restaurant in downtown Toronto on Valentine's Day 2019. The then-24-year-old listened as Eric Arnold, a tech entrepreneur, told her there are two types of people who go public with their stories of sexual harassment. Tucked in a booth, Arnold explained his position.