TORONTO, Nov. 15, 2011 /CNW Telbec/ - B2B Trust and Canada Life have
signed an agreement for the distribution of RRSP loans. The newly
signed agreement will provide preferred rates on RRSP loans to Canadian
investors who purchase eligible Canada Life segregated fund policies
offered through licensed advisors and insurance agents.
"At B2B Trust, we believe RRSP lending is the cornerstone of any
advisors' growing business," says Susi McCord, Senior Vice President,
Marketing and Distribution at B2B Trust. "Adding Canada Life to our
list of distribution alliances for RRSP loans provides even broader
investment options to managing general agencies and insurance agents
across the country."
"Everyone has a unique financial plan with individual goals and needs,"
says Michael Campbell, Vice-President, Market Development at Canada
Life. "The RRSP loan program provided by B2B Trust complements our wide
variety of products and will help fulfill the diverse investment needs
of our clients."
B2B Trust, a wholly-owned subsidiary of Laurentian Bank of Canada, is a
leading third-party supplier of investment and RRSP loan programs to
advisors and agents across the mutual fund and insurance sectors, as
well as through dealers and managing general agencies (MGAs).
Segregated fund policies are offered exclusively through distribution
alliances with leading insurance companies, such as Canada Life.
About Canada Life
In Canada, Canada Life offers a broad range of insurance and wealth
management products and services for individuals, families and business
owners from coast to coast. These products include investments, savings
and retirement income, annuities, life, disability and critical illness
insurance. Canada Life's products are distributed through independent
advisors associated with managing general agencies, as well as national
In Quebec, advisor refers to a financial security advisor for individual
insurance and segregated fund policies; and to an advisor in group
insurance/annuity plans for group products.
®B2B TRUST is a registered trademark of B2B Trust.
SOURCE B2B TRUST
For further information:
Senior manager, Media and Public Relations
514.284.4500 ext 8232
Marlene Klassen, APR
Assistant Vice-President, Communication Services