TORONTO, Jan. 5, 2012 /CNW Telbec/ - B2B Trust, a subsidiary of
Laurentian Bank of Canada, and La Capitale Financial Group (La
Capitale) have signed an agreement for the distribution of RRSP loans.
Under the terms of these agreements, B2B Trust will offer preferred
rates on RRSP loans to Canadian investors who purchase eligible La
Capitale funds through licensed financial advisors.
"It's with great pleasure that we add La Capitale to our increasing list
of Distribution Alliances," says Susi McCord, Senior Vice President,
Marketing and Distribution at B2B Trust. "Teaming up with this
high-calibre firm extends the reach of our top-quality RRSP loans in
Canada, and illustrates our commitment to providing advisors with a
wide range of options for their clients."
With a long-standing history of investment lending experience and a loan
portfolio in the billions, B2B Trust is well-known among the financial
advisor community — particularly for its lending solutions. "Our
clients and business partners want maximum choice and flexibility from
their lender. The potential of our new partnership with B2B Trust is
exciting for advisors and their clients whose investment strategy
involves borrowing to invest in La Capitale RRSP products," says Eric
Marcoux, Vice President of Administration and Customer Relations,
Individual Insurance and Banking at La Capitale.
This newly-signed agreement with La Capitale Financial Group is a
significant opportunity for B2B Trust whose clients include firms
across the mutual and segregated fund manufacturing sectors, as well as
through dealers and managing general agencies.
About La Capitale Financial Group
La Capitale Financial Group has a strong presence in Quebec and
throughout Canada. With its 2,900 employees and partners and guided by
the values of mutualism on which it was founded, La Capitale works with
clients to build, protect and value what they feel counts for their
financial security. It offers insurance products and financial services
to the general public as well as to Quebec's public service employees.
With assets of $3.8 billion, La Capitale occupies a choice position
among leading insurers in Canada.
About B2B Trust
B2B Trust provides advisors with a wide range of financial products and
services for distribution to their clients across Canada. B2B Trust is
a leading third-party supplier of investment and RRSP loans, a premier
supplier of wholesale deposit products, and a long-time provider of
self-directed accounts, banking services and broker mortgages. B2B
Trust's suite of products and services are available nationally with
the head office located in Toronto and regional sales representation
across Canada. The company is a federally chartered trust company and
wholly-owned subsidiary of Laurentian Bank of Canada. The website
address is b2btrust.com.
SOURCE B2B Trust
For further information:
Senior manager, Media and Public Relations
514 284-4500 ext 8232
Communications and Public Relations Advisor
La Capitale Financial Group