B2B Trust delivers RRSP solutions that work for advisors

TORONTO , Feb. 10 /CNW Telbec/ - B2B Trust, a leading supplier of third-party investment and RRSP loans, is ramping up efforts to support financial advisors in the final weeks leading up to the March 1st RRSP contribution deadline. With competitive pricing on its 1 and 2-year variable rate RRSP loan terms, both priced at 2.75% (B2B Trust's Prime Rate + 0.50%), advisors can offer an affordable lending solution to investors looking to grow their RRSPs.

"There has been a lot in the news recently about RRSPs." says François Desjardins, President and CEO of B2B Trust. "Many advisors I've spoken with are convinced that RRSP investing is an important component in their clients' overall financial plans. RRSP loans, in particular, are a good way to kick-start portfolios; B2B Trust's suite of products is designed to respond to customers' needs, with our very competitive rates, our efficient processes, and our commitment to supporting advisors and their clients."

Recognizing that many advisors feel there are simply not enough hours in the day during RRSP season, B2B Trust has developed smart solutions to help them stay organized and on top of their business. Solutions such as:

    
    - An online RRSP Resource Centre where advisors can access RRSP-related
      product information, rates, marketing materials, and more, in one
      convenient location.
    - A recently-enhanced online RRSP loan application (called EASE) that
      provides a credit status within seconds of the application being
      submitted.
    - An online demo of EASE which illustrates the benefits and ease-of-use
      of this application.
    

"In everything we do," adds Mr. Desjardins , "we aim at making the advisor's job easier. Our RRSP Resource Centre is just one example. The less time it takes them to find the critical information necessary to do their job, the more time they can spend helping their clients plan their financial futures."

In addition to RRSP loans, B2B Trust offers investment loans with more advisor-based options than any other third-party lender in Canada . This vast array of products is highly regarded by the 15,000 financial advisors doing business with B2B Trust. Advisors interested in learning more about B2B Trust's products are invited to contact their local Business Development Manager by visiting b2btrust.com/contactus.

About B2B Trust

B2B Trust provides advisors with superior financial products and services for distribution to their clients across Canada . B2B Trust is the 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.

(R)B2B TRUST is a registered trademark of B2B Trust.

For further information: Lisa An, Veritas Communications, [phone], [email protected]; Gladys Caron, Laurentian Bank, Vice-President, Public Affairs, Communications and Investor Relations, [phone], ext. 7511, [email protected]