The Financial Services Regulatory Authority of Ontario (FSRA) has issued a compliance order with respect to Greatway Financial Inc. (Greatway). Greatway has consented to the order. FSRA previously issued a Notice of Proposal alleging that Greatway was committing acts which might reasonably be expected to result in a state of affairs that would constitute an unfair or deceptive act or practice ...
FSRA issues Notice of Proposal against Greatway Financial Inc.
WebDec 22, 2024 · FSRA alleged in an Oct. 14 notice of proposal that Greatway’s mandatory training teaches life agents to sell overfunded universal life policies using an insured retirement plan to all consumers, regardless of their financial circumstances. FSRA also alleged that Greatway misrepresented the strategy as a savings rather than insurance … WebOct 24, 2024 · Greatway Financial's agents are among the most knowledgeable in the industry. Our eight-hour policy delivery training is accredited by three other provincial … grammar and language learning
Regulator proposes cease and desist order against …
WebJan 23, 2024 · The compliance order states, “Greatway disagrees with some of the allegations in the NOP but wishes to cooperate with FSRA to address the alleged deficiencies in the Training.” Greatway issued a statement following the order: “As leaders in our industry, Greatway Financial is committed to continuous improvement and to … WebGreatway Financial Response to the FSRA Notice of Proposal Greatway Financial's vision is to educate Canadian families on insurance strategies to help them invest in and secure their futures. We help our clients make decisions that are tailored to their needs. We want all our clients to feel confident in their insurance and investment choices ... WebWelcome to the Financial Services Regulatory Authority of Ontario (FSRA). We protect the rights of consumers by promoting high standards of business conduct and transparency within the financial services we regulate. china powder metallurgy press bushing