Q: Hello 5i team:
I understand that there are some issues regarding the lending practices of Home Trust and Equitable Trust. I understand that there some advisories to avoid adding new funds to these HISAs. Are their High Interest Savings Accounts-HISA-safe? I presume 100k CDIC safety net applies. Should one move the money anyway out of these HISA?
What are the other safer alternatives?
Many thanks.
Mano.
I understand that there are some issues regarding the lending practices of Home Trust and Equitable Trust. I understand that there some advisories to avoid adding new funds to these HISAs. Are their High Interest Savings Accounts-HISA-safe? I presume 100k CDIC safety net applies. Should one move the money anyway out of these HISA?
What are the other safer alternatives?
Many thanks.
Mano.