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Foresters Financial Appoints James Boyle as Its New President and Chief Executive Officer

  • Dec 18, 2017

(Toronto, ON, December 18, 2017) – Robert Lamoureux, Chair of Foresters Financial Board of Directors, announced today the appointment of James Boyle as Foresters new President and Chief Executive Officer, effective January 8, 2018.


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World Savings Day: The costs of becoming an adult

During the 1st International Savings Bank Congress which took place in Milan, Italy the Italian Profess or Filippo Ravizza declared the 31st October as World Savings Day. Promoted all around the world, the idea of the day is to save money in order to gain a higher standard of life and to secure the economy.

As a company who is committed to children’s savings, we have gathered some costs of key events and opportunities your child may be faced with by the time they reach adulthood.

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Foresters extends its help to members in Florida and Puerto Rico by donating an additional $50,000 to the American Red Cross

  • Sep 14, 2017

Last month, Foresters Financial donated $50,000 to the American Red Cross to help families who have been affected by Hurricane Harvey in Texas. You can find out more about our assistance to Texas and Louisiana here.

In the wake of Hurricane Irma, Foresters Financial has extended its help to members in Florida and Puerto Rico as well and has donated an additional $50,000 to the American Red Cross to help those affected by Hurricane Irma.

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Foresters Financial donates $50,000 to the American Red Cross to aid Hurricane Harvey relief efforts in Texas

  • Sep 01, 2017

Foresters Financial has donated $50,000 to the American Red Cross to help families who have been affected by Hurricane Harvey in Texas.

"Our thoughts go out to our members and the families whose lives have been turned upside down by the devastation caused by Hurricane Harvey in Texas," said Chris Stranahan, International Fraternal President, Foresters Financial. "Foresters sincerely hopes our support for our members and of the American Red Cross relief effort will help during this difficult time, and aid people in rebuilding their lives and communities."

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Foresters Financial announces departure of CEO Anthony Garcia; appointment of Michael Stramaglia and Sonia Baxendale as co-Interim Presidents and CEOs

  • Jul 27, 2017

(Toronto, ON, July 27, 2017) – Foresters Financial ™ announced today that it has appointed Mr. Michael Stramaglia and Ms. Sonia Baxendale as Co-Interim Presidents and CEOs, replacing Anthony Garcia, effective immediately.

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Got a Dream House in Mind? Making it Real Might Have Just Gotten Easier

  • Jun 30, 2017

From modern minimalist apartments to beautifully refurbished Victorian houses, we all have an image of the perfect home in mind. However, with the ever-increasing prices of housing, setting foot on the property ladder seems to be more and more of an unattainable dream to most millennials*(people born between 1981-1995).

If you find yourself relating to this predicament, you might also be one of those who are excited about the brand new government-funded savings account: The Lifetime ISA. When George Osborne announced the Lifetime ISA in the March 2016 budget, it, understandably, kept people on the edge of their seats but it is worth a good amount of careful consideration.

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Foresters Financial brings its purpose to life

  • Apr 27, 2017

(Toronto, ON, April 27, 2017) – Following the Foresters Financial™ rebrand announcement in 2016, the financial services organization has launched the video series, “Community Matters”, which uses brand storytelling to bring its value proposition and core story to life.

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Brexit and the Volatile Market

  • Jun 24, 2016

The verdict is in. After months of debate, campaigning and uncertainty, Britain has voted to leave the European Union. While many of us wonder what this now means for the UK economy – you may also be wondering what this means for your own savings with Forester Life.

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Brexit update - Forester Life Stakeholder Funds

  • Jun 27, 2016

The Forester Life Stakeholder Managed Funds have been specifically designed for our customers with a range of outcomes in mind. Read a Brexit update from our investment partners Schroders.


Schroders Brexit update

Foresters announces rebrand to Foresters Financial - Launch of new brand name, core story and global website showcases the importance of a financial services organisation “Doing More”

  • Jun 07, 2016

(Toronto, ON, June 7, 2016) – Toronto-based international financial services provider, Foresters has rebranded to Foresters Financial in a move that aligns the Foresters family of companies across Canada, the United States and the United Kingdom under one collective brand. The brand name change was prompted by the launch of an ambitious new strategy, designed to propel significant organisational growth into 2025.


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A.M. Best Upgrades Ratings of Foresters Life Insurance Company and First Investors Life Insurance Company

  • Jul 01, 2015

Foresters makes no warranties or representations as to the accuracy of news materials produced by third parties which mention Foresters. Foresters assumes no liability or responsibility for any errors or omissions in the content of these news materials.


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New Pension Reforms 2015

  • Jun 04, 2015

The 2014 budget announced major changes affecting individuals with Defined Contribution (Money Purchase) Pension Plans. These came into force from 6th April 2015 meaning individuals have more choice of what to do when they decide to access their pension savings.


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​Removal of Life Assurance Premium Relief (LAPR)

  • Mar 25, 2015

LAPR is an Income Tax relief of 12.5%, paid by the UK Government, on regular premiums paid into qualifying life insurance policies issued on or before 13th March 1984.
With effect from 6th April 2015 the UK Government will stop paying LAPR, following its abolition in the Finance Act 2012.


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International business wins local community business award

  • Oct 28, 2014

Foresters – the financial services and membership organisation  - has been recognised for their dedication to helping their local community at the Bromley Business Awards in Kent.


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In the news

We have great stories to tell and we’re excited when we get coverage. Here is just a snapshot of print and digital articles about Foresters Financial. 

1 An "A" (Excellent) rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company. A.M. Best assigns ratings from A++ to F, A++ and A+ being superior ratings and A and A-being excellent ratings. In assigning the rating for The Independent Order Foresters on July 1, 2015, A.M. Best stated that the rating outlook is "stable", which means it is unlikely to change in the near future. See for our latest ratings.

2All figures in Canadian dollars. 

3In the United States, life insurance and annuity products are underwritten by The Independent Order of Foresters or Foresters Life Insurance & Annuity Company.   In Canada, life insurance and annuity products are underwritten by The Independent Order of Foresters or Foresters Life Insurance Company.”
4In the United Kingdom, various protection, savings, investment, pension and annuity products are provided by Forester Life Limited. In addition a subsidiary company Forester Fund Management Limited, trading under the brand The Children’s Mutual, provides a number of child savings products.
5Foresters member benefits are non-contractual, subject to eligibility requirements and limitations and may be changed or cancelled without notice. This program is administered by International Scholarship and Tuition Services, Inc.

® Ronald McDonald House Charities, RMHC, Ronald McDonald House, Ronald McDonald Family Room, and Ronald McDonald Care Mobile are all registered trademarks of McDonald’s Corporation or its affiliates and are used with permission. 

416117 UK (02/18)


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