Financial literacy programs in Ontario and Quebec receive over a quarter
of a million dollars and many volunteering hours to help young people
MONTREAL, Nov. 28, 2013 /CNW Telbec/ - It's never too early, or too
late, to learn about planning for a sound financial future. Standard
Life Canada and its employees are well aware of the importance of
understanding early the basics of saving and investing. Standard Life
contributed to this year's financial literacy month by donating over
$256,000 to organizations promoting educational programs.
"At Standard Life, we feel that it's never too early to help the next
generation of investors understand the importance of managing their
finances," said Charles Guay, President and CEO. "That's why we team up
with our employees and charitable organizations to help young Canadians
gain financial knowledge and skills. As part of financial literacy
month, we want to recognize those who are helping us achieve these
Junior Achievement of Canada
Standard Life signed a multi-year contribution to Junior Achievement of
Canada, in support of Dollars with Sense and Economics for Success, two
classroom programs that focus on teaching financial literacy, work
readiness and school perseverance programs. This month, Avnee Patel,
Manager, Business Development, Group Savings and Retirement, and over
25 of her colleagues will visit several Grade 7 classrooms in the
Greater Toronto Area to teach students about personal finance and help
them understand how to plan their financial future. In early 2014, a
group of employees in Montreal will meet with students to talk about
the benefits of staying in school.
Académie du Trésor
Standard Life contributed to the Académie du Trésor's financial
educational program in Quebec. The Académie offers a 15-week
after-school program to more than 300 secondary level students in
Sherbrooke, in Montérégie and now in Montréal. The program offers basic
training in personal finance. This November, Patrick Gagnon, Senior
Investment Consultant, is teaching portions of the program in a
Montréal secondary school.
Carrefour Jeunesse Emploi Côte-des-Neiges
Standard Life gave to support Carrefour Jeunesse Emploi Côte-des-Neiges'
Monnaie-Money financial literacy program. This month, Anne Ducharme, Lead Designer,
will be part of the jury that will review the videos that young
participants will submit as part of the Monnaie-Money Financial
Literacy Video Contest. These videos focus on the importance for youth
to have financial literacy and money management skills. Winners will be
announced at the end of this month.
Standard Life recognized the talent of Olivier Roy-Durocher and Charles
Perron-Piché, two Finance students from HEC Montréal and members of the
Standard Life-HEC Montréal Fund management committee. Both students
have earned a Standard Life Grant for their exceptional work as
portfolio analysts and managers of the Fund.
The Standard Life-HEC Montréal Fund was created in 1999 with a $2
million endowment. It now has a market value of more than $4.8 million,
making it the second-largest student fund in Canada. Finance and
Economics students on the management committee act as portfolio
analysts and managers. They report to a team of professors from the
Department of Finance and to Standard Life Canada and Standard Life
Financial literacy month is also about fighting financial Inertia
Last October, Standard Life launched a comprehensive program at financial-inertia.com aimed at getting Canadians moving and breaking free from financial
inertia, primarily due to financial uncertainty and the volume and
complexity of information. At the heart of the fight against financial
inertia is the Motion Profiler, a new online tool all Canadians can use
to understand how finances and investing fit into their broader life
goals and concerns, and what might be preventing them from saving or
holding them back from investing.
About Standard Life
Standard Life provides long-term savings, investment and insurance
solutions to more than 1.4 million Canadians, including group
retirement and insurance plan members.
Standard Life in Canada has been doing business for 180 years and has
approximately 2,000 employees. It is the largest operation outside of
the United Kingdom of Standard Life plc, its parent company
headquartered in Edinburgh, Scotland.
Standard Life has a long-standing commitment to the communities in which
it conducts business. It gives back through corporate donations and
sponsorships, and its employee community engagement program which
encourages Standard Life employees to volunteer with and provide
financial assistance to organizations they support.
Image with caption: "Patrick Gagnon, Senior Investment Consultant at Standard Life, is teaching portions of the Académie du Trésor program in a Montréal secondary school (CNW Group/Standard Life)". Image available at: http://photos.newswire.ca/images/download/20131128_C5870_PHOTO_EN_34030.jpg
Image with caption: "From left to right: Nicolas Sirois, Standard Life, Marie-Ève Savard, Standard Life Investments, Olivier Roy-Durocher and Charles Perron-Piché received the Standard Life Grant and Alain Elkaim, HEC Montréal (CNW Group/Standard Life)". Image available at: http://photos.newswire.ca/images/download/20131128_C5870_PHOTO_EN_34031.jpg
SOURCE: Standard Life
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