TORONTO, Feb. 27, 2012 /CNW Telbec/ - As the RRSP season winds down, B2B
Trust is suggesting that advisors take advantage of the opportunity to
review retirement plans with their clients. In fact, this is an
opportune time for them to examine their clients' global investment
strategy and to evaluate the appropriateness of contracting a loan to
boost their RRSP contributions and, thus, be better able to achieve
their retirement objectives.
B2B Trust provides financial advisors with various different investment
loan program options. Advisors can offer their clients loans under the
company's standard RRSP loan program, or under the banner of its
distribution alliance loan program thanks to agreements concluded with
a good number of financial intermediaries across Canada.
The type of program selected will depend on the form of investment
desired by the client. For its part, the rate granted for the repayment
of the loan will vary based on the term chosen and whether the client
opts for a fixed or variable rate. Furthermore, in order to facilitate
repayment — in case of an expected tax refund, for example — an option
to defer repayment for up to six months can be applied.
Advisors may counsel their clients to contract an investment loan to
enable them to borrow funds in order to increase the value of their
estate outside of an RRSP. In addition, such a loan allows clients to
boost the return of capital invested because, as the initial amount is
greater, the yield is generated more rapidly. Moreover, another benefit
of investment loans for savers is that the interest paid is
These investment loans are available via three programs:
The Standard Loan Program is offered for loans aimed at acquiring mutual funds. This program makes
it possible to purchase funds with a single loan account and to select
from the largest variety of funds.
The Select Loan Program enables the investor to purchase eligible mutual funds as collateral
from multiple B2B Trust distribution alliances. Investors receive
discounted pricing and obtain significant portfolio diversification
with a single loan.
The Distribution Alliance Loan Program is offered for the acquisition of segregated and mutual funds. The
program allows for investing within the same family of eligible funds
offered by one distribution alliance at preferred rates.
Once the program is selected, the range of loans B2B Trust offers
advisors provides investors with a choice of four distinct options that
all feature competitive rates:
100% Loan: The client borrows 100% of the investment.
3 for 1 Loan: B2B Trust lends up to three times the initial amount paid by the
2 for 1 Loan: B2B Trust lends up to twice the initial amount paid by the client.
1 for 1 Loan: B2B Trust matches the amount paid by the client.
Advisors who wish to obtain more information about the different
products offered by B2B Trust are invited to consult the company's Web
site at www.b2btrust.com.
About B2B Trust
B2B Trust provides advisors with a wide range of financial products and
services for distribution to their clients across Canada. It 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. With its
head office located in Toronto and regional sales representation across
the country, the company's suite of products and services are available
nationwide. B2B Trust is a federally chartered trust company and
wholly-owned subsidiary of Laurentian Bank of Canada, a banking
institution active throughout Canada that offers its clientele a
diversified range of financial services. B2B Trust can be found online
SOURCE B2B TRUST
For further information:
Media and Public Relations
B2B Trust / Laurentian Bank
514 284-4500, extension 8232